Pakistan Oilfields Limited Announces Board Meeting and Closed Period

Rawalpindi: Pakistan Oilfields Limited has announced the scheduling of its Board of Directors meeting, set for April 28, 2025, in Rawalpindi. The meeting will focus on reviewing the company's financial accounts for the nine-month period ending March 31, 2025.

The company has also declared a "Closed Period" from April 21, 2025, to April 28, 2025, inclusive. During this timeframe, the directors, CEO, and executives of Pakistan Oilfields Limited, along with its associated companies, Attock Petroleum Limited and National Refinery Limited, are prohibited from engaging in any dealings with the company's shares. This restriction aligns with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book.

According to information available from the Pakistan Stock Exchange (PSX), the designation of a closed period is a standard practice aimed at maintaining transparency and preventing insider trading. TRE Certificate Holders of the exchange have been notified about this development to ensure adherence to the established rules and guidelines.

The forthcoming board meeting and the implementation of the closed period reflect Pakistan Oilfields Limited's commitment to regulatory compliance and corporate governance standards within the designated market category.