Karachi: A forthcoming meeting of the Board of Directors of the Bank of Khyber is scheduled for August 19, 2024, at the Movenpick Hotel in Karachi, where board members will deliberate on various non-financial agenda items.

The session, distinctly marked on the corporate calendar, engages in reviewing substantial agenda items necessitating prior assessment by the board. The deliberations will exclude any consideration of financial results, aligning strictly with the specified meeting objectives. According to information available from the Pakistan Stock Exchange (PSX), this gathering underscores the procedural rigor adhered to by entities under its purview, ensuring compliance with governance norms.

In conjunction with this planned assembly, the Bank of Khyber has announced a "Closed Period" from August 12, 2024, to August 19, 2024. During this period, key insiders including Directors, the CEO, and Executives are prohibited from buying or selling the bank’s shares. This measure, in accordance with Clause 5.6.4 of the PSX Regulations, aims to prevent any misuse of sensitive information that could affect the bank's share value.

The Certificate Holders of the Exchange have been duly notified about these developments to ensure transparency and uphold the integrity of the market operations overseen by the PSX.