Nestle Pakistan Scheduled to Review Mid-Year Financials in Upcoming Board Meeting

Lahore: Nestle Pakistan Limited has announced a board meeting set for July 25, 2024, in Lahore to deliberate on the company's financial results for the six months ending in June 2024 and to determine any potential entitlements.

The focus of the meeting will be to assess the financial health of the company through the first half of the year. According to information available from the Pakistan Stock Exchange (PSX), the company has instituted a closed period from July 18 to July 25, 2024, during which no director, CEO, or executive is permitted to buy or sell company shares. This measure is in line with the PSX Regulations, specifically clause 5.6.1(d), which aims to prevent insider trading prior to the public release of financial information.

The TRE Certificate Holders of the Exchange have been duly informed about the closed period and the upcoming board meeting, ensuring compliance with market regulations and maintaining transparency with the stakeholders.