Karachi: A meeting of the Board of Directors of EFG Hermes Pakistan Limited will be held on August 22, 2024, at the registered office in Karachi to consider the half-yearly accounts for the period ended June 30, 2024, for the declaration of any entitlements. According to information available from the Pakistan Stock Exchange (PSX), the company has designated August 15, 2024, to August 22, 2024, as a Closed Period during which no director, CEO, or executive may deal in the company's shares.
The announcement emphasizes the adherence to Clause 5.6.4 of the PSX Rulebook, which mandates the prohibition of share dealings by insiders during the Closed Period to prevent any misuse of unreleased financial data. This regulatory compliance ensures that all stakeholders are on a level playing field and that the integrity of financial disclosures is maintained.
Certificate holders of the exchange have been advised to take note of these dates and restrictions to align with corporate governance standards and regulatory requirements.