Philip Morris Pakistan to Review Mid-Year Financial Statements via Video Conference

Karachi: Board Meeting to Consider the Half Yearly Financial Statements for the Half Year Ended June 30, 2024. Philip Morris (Pakistan) Limited has announced that its Board of Directors will convene via video link on August 22, 2024, to review the company's financial statements for the half-year period ending June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the results of this meeting will subsequently be communicated through PUCARS, the official publication channel of the PSX.

In compliance with the Pakistan Stock Exchange's regulations, specifically Clause 5.6.4 of the PSX Rule Book, the company has declared a "Closed Period" from August 15, 2024, to August 22, 2024. During this time, the Directors, Chief Executive Officer, substantial shareholders, and senior executives, along with their spouses, are barred from trading the company's shares. This measure ensures no insider trading occurs before the public release of financial results.

The notice also instructed TRE Certificate Holders of the Exchange to be apprised of these developments to maintain transparency and regulatory compliance.