Attock Cement Pakistan Limited Announces Board Meeting and Closed Period

KARACHI: Attock Cement Pakistan Limited has scheduled a board meeting for October 18, 2024, to review the company's quarterly accounts and declare any entitlements. The meeting will take place in Rawalpindi as stated in a notification to the Pakistan Stock Exchange (PSX).

The company's recent statement indicated that this gathering aims to discuss financial results for the quarter ending September 30, 2024. Attock Cement has also announced a closed period from October 11 to October 18, 2024, in compliance with PSX regulations 5.6.1(d). During this period, directors, the CEO, and executive management are restricted from buying or selling company shares.

According to information available from the Pakistan Stock Exchange (PSX), the enforcement of a closed period is a standard practice intended to prevent insider trading and to promote fair disclosure among all market participants.

Shareholders and investors are advised to monitor PSX filings for updates on any potential impact on share prices. The company has also made a provision to inform TRE Certificate Holders of the exchange regarding these developments.

Attock Cement's adherence to corporate governance norms reinforces its commitment to transparent business practices and ensures the integrity of financial reporting.