Pace (Pakistan) Limited Announces Board Meeting to Review Fiscal Year Results

Lahore: Pace (Pakistan) Limited has convened a Board of Directors meeting scheduled for 04 October 2024 at 11:45 a.m., where the annual audited accounts for the year ending 30 June 2024 will be reviewed. The meeting, set to take place in Lahore, will also cover discussions on possible entitlement declarations and other corporate actions.

The company has initiated a "Closed Period" from 27 September 2024 to 04 October 2024, adhering to clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations. During this time, directors, the CEO, and executives are prohibited from buying or selling company shares.

According to information available from the Pakistan Stock Exchange (PSX), the Closed Period is a regulatory measure designed to prevent insider trading and to ensure all pertinent corporate information is disclosed to shareholders at the same time.

Stakeholders, including TRE Certificate Holders, have been informed about the upcoming board meeting and the implications of the Closed Period, underscoring the company's commitment to transparency and regulatory compliance.