Rawalpindi: Gammon Pakistan Limited has announced that its Board of Directors will convene on February 28, 2025, at 12:30 PM in Rawalpindi. The purpose of the meeting is to review the company's half-yearly accounts for the period ending December 31, 2024, and to consider any potential entitlements.
The company has declared a closed period from February 22 to February 28, 2025, in compliance with clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this period, no director, CEO, or executive of Gammon Pakistan Limited is permitted to engage in any transactions involving the company's shares, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), such closed periods are standard practice to prevent insider trading and ensure market integrity. Gammon Pakistan Limited has advised the TRE Certificate Holders of the Exchange to make note of this closed period.
The upcoming board meeting will be pivotal in determining the financial standing of the company for the specified half-year term, as well as any declarations related to shareholder entitlements.