PAKISTAN OILFIELDS BOARD MEETING RESCHEDULED, EXTENDED CLOSED PERIOD ANNOUNCED

Karachi: Pakistan Oilfields Limited has announced the rescheduling of its previously planned Board of Directors meeting, originally set for August 7, 2024. The new meeting date remains on the same day, under unspecified circumstances.

This adjustment was mentioned in a follow-up to the earlier communication, which also specifies an extended "Closed Period" from August 8, 2024, to September 2, 2024. According to information available from the Pakistan Stock Exchange (PSX), during this period, directors, the CEO, and executives are strictly prohibited from dealing in the shares of Pakistan Oilfields Limited and its associated companies, Attock Petroleum Limited and National Refinery Limited.

The extended closed period and rescheduling of the meeting highlight the company’s commitment to adhering to PSX regulations and ensuring fair practices during times of significant corporate decisions.

Stakeholders of the Exchange have been duly informed to align with transparency obligations and regulatory compliance in anticipation of the upcoming board discussions.