Karachi: The Board of Directors of Pakistan Aluminium Beverage Cans Limited will hold a virtual meeting on August 29, 2024, to consider and approve the Reviewed Financial Statements for the half-year ended June 30, 2024, among other matters. The meeting will also address the declaration of entitlements, if any.
The Company has announced a "Closed Period" from August 22 to August 30, 2024, in compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this time, no director, CEO, or executive is permitted to deal directly or indirectly with the shares of the Company.
According to information available from the Pakistan Stock Exchange (PSX), this decision aligns with regulatory requirements to prevent any insider trading or conflicts of interest during pivotal financial reviews and decision-making processes.
Shareholders and TRE Certificate Holders of the Exchange have been notified accordingly, underscoring the Company's commitment to transparency and governance standards as they await the financial outcomes of the meeting.