First National Bank Modaraba Schedules Board Meeting Amid Closed Trading Period

Lahore: A meeting of the Board of Directors of First National Bank Modaraba is scheduled to be held on April 24, 2025, in Lahore. The primary agenda for the gathering is to review the Quarterly Accounts for the period ending March 31, 2025, with the potential for declaring any entitlements.

In compliance with the Pakistan Stock Exchange (PSX) regulations, First National Bank Modaraba has announced a Closed Period effective from April 17, 2025, to April 24, 2025. During this duration, no Director, Chief Executive Officer, or Executive affiliated with the company is permitted to engage in any direct or indirect transactions involving the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), these measures align with regulation 5.6.1(d), which mandates the observance of a Closed Period to maintain transparency and fairness in trading activity.

Stakeholders and TRE Certificate Holders have been duly informed of the Closed Period and the upcoming board meeting, ensuring that all parties are aware of the restricted trading activities during this time frame.