Karachi: OLP Services Pakistan (Pvt) Limited (OSPL) has announced a meeting of its Board of Directors scheduled for Thursday, February 13, 2025, at 03:00 PM in Karachi. The meeting's agenda includes the consideration and approval of the half-yearly accounts for OLP Modaraba (OLPM) for the period ended December 31, 2024.

In compliance with regulatory requirements, OSPL has declared a closed period for OLPM, commencing on Thursday, February 06, 2025, and concluding on Thursday, February 13, 2025. This period, which includes both start and end dates, mandates that no Director, CEO, or Executive is permitted to engage in any transactions involving OLPM shares, whether directly or indirectly. This restriction is in accordance with Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Rule Book.

The closed period remains in effect until the results are announced to the exchange. According to information available from the Pakistan Stock Exchange (PSX), this measure is in place to ensure transparency and prevent any potential conflict of interest during the financial review and reporting process.

Members of the exchange have been informed of these developments, ensuring compliance with the designated market category's regulations. As the meeting approaches, stakeholders will be keenly observing the outcomes and subsequent financial disclosures from OLP Modaraba.