Karachi: Premier Insurance Limited has announced a board meeting scheduled for October 25, 2024, at its registered office in Karachi. The primary agenda for this meeting is to consider and approve the unaudited interim financial statements for the period ending September 30, 2024.
The company secretary, Faiq Mahmood Khan Rohilla, confirmed the meeting in a letter addressed to the General Manager of the Pakistan Stock Exchange Limited. The letter outlined the details of the closed period for trading, which is set from October 18 to October 25, 2024. According to information available from the Pakistan Stock Exchange (PSX), during this period, directors, the CEO, and executives of Premier Insurance are prohibited from directly or indirectly dealing in the company's shares.
The closed period is in compliance with Rule 5.6.1 (d) of PSX Rules Book, intended to prevent insider trading around the disclosure of financial results. The company has advised TRE Certificate Holders of the Exchange regarding the closed period and upcoming board meeting.
Premier Insurance Limited continues to adhere to regulatory requirements and aims to maintain transparency with its financial disclosures to shareholders and the public.