Hum Network Announces Board of Directors’ Meeting and Closed Period

Karachi: Hum Network Limited has scheduled a Board of Directors meeting for October 29, 2024, at its headquarters to review the financial statements for the quarter ending September 30, 2024. This review session is set to take place at Karachi.

According to the notification issued to the Pakistan Stock Exchange Limited, this board meeting is pivotal for the declaration of any financial entitlements that the company may disperse based on its quarterly performance. Hum Network, a major player in the broadcasting sector, has announced a closed period from October 22, 2024, to October 29, 2024, as stipulated under Clause 5.6.4 of the PSX Regulations. During this period, the company's directors, CEO, and executives are restricted from buying or selling the company’s shares directly or indirectly. According to information available from the Pakistan Stock Exchange (PSX), this measure is a standard practice aimed at preventing insider trading and promoting transparency during significant financial disclosures.

The company's secretary, Mohsin Naeem, has informed TRE Certificate Holders of the exchange about these developments, ensuring compliance with regulatory requirements and maintaining market discipline.