Karachi: OLP Financial Services Pakistan Limited has announced a forthcoming board meeting slated for April 24, 2025, to deliberate on the Unaudited Interim Condensed Financial Statements for the third quarter concluding on March 31, 2025. The meeting will take place at the company's registered office in Karachi.
The company has issued a "Closed Period" notification, effective from April 17, 2025, to April 24, 2025, in compliance with Clause 5.6.4 of the Pakistan Stock Exchange Regulations. During this period, directors, the CEO, and executives are prohibited from trading the company's shares, either directly or indirectly.
This measure, aimed at ensuring transparency and fairness in trading activities, is standard practice as mandated by the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), the Closed Period is a regulatory requirement intended to prevent insider trading and maintain market integrity.
The company has communicated these developments to the TRE Certificate Holders of the Exchange, ensuring that all market participants are duly informed of the upcoming board meeting and the Closed Period stipulation.