Lahore: The Board of Directors of S.S. Oil Mills Limited will convene on October 5, 2024, at 11:00 AM in Lahore to deliberate on the Annual Accounts for the fiscal year ending on June 30, 2024, and discuss potential entitlement declarations. According to information available from the Pakistan Stock Exchange (PSX), this period coincides with the company's mandated Closed Period which began on September 28, 2024, and will conclude on October 5, 2024. During this period, company directors, CEOs, or executive staff are prohibited from trading company shares.
The company has announced that these measures are in compliance with section 5.6.1(d) of PSX Regulations, aimed at preventing insider trading. This Closed Period is critical to ensuring that all stakeholders are treated fairly and that any transactions conducted are free from any undue influence from internal sources.
It is imperative that the TRE Certificate Holders are informed accordingly about these developments, as they play a vital role in the regulatory framework of financial disclosures and securities trading.