Karachi: A scheduled meeting of the Board of Directors of Cyan Limited is set to take place on August 23, 2024, to review the quarterly financial statements for the period ending June 30, 2024. This meeting, crucial for potential entitlement declarations, will occur both in Karachi and via Zoom audio/video conferencing.

The company has announced a "Closed Period" from August 16, 2024, to August 23, 2024, during which no director, CEO, or executive will be permitted to buy or sell company shares. This restriction, mandated under Clause 5.6.4 of the Pakistan Stock Exchange Regulations, aims to prevent insider trading around the disclosure of financial results.

According to information available from the Pakistan Stock Exchange (PSX), the forthcoming board meeting will be crucial in deciding any possible entitlements based on the company’s performance over the past quarter.

Stakeholders and certificate holders of the exchange have been advised of the meeting details and the implications of the Closed Period.