Samba Bank Limited Schedules 125th Board Meeting to Review Quarterly Financials

Karachi: The 125th meeting of the Board of Directors of Samba Bank Limited (SBL) is set to take place on August 27, 2024, via Webex video conferencing, where they will primarily review the un-audited accounts for the second quarter ended June 30, 2024. This announcement aligns with the bank's compliance with Clause 5.6.4 of the Rule Book of Pakistan Stock Exchange, which mandates a "Closed Period" from August 21, 2024, to August 27, 2024.

During this Closed Period, no dealings in the bank’s shares are permitted by Directors, the CEO, CFO, Company Secretary, other executives, or their spouses. According to information available from the Pakistan Stock Exchange (PSX), this measure is in place to prevent any insider trading that could occur based on the quarterly financials that are yet to be publicly released.

The bank has notified TRE Certificate Holders of the Exchange regarding the Closed Period, ensuring all regulatory requirements are met ahead of the board's financial review.