Lahore: Service Global Footwear Limited has announced a Board of Directors meeting scheduled for October 28, 2024, in Lahore, where the agenda will focus on reviewing the quarterly accounts for the period ending September 30, 2024, and potentially declaring any entitlements.
The company has also declared a closed period from October 21 to October 28, 2024, in compliance with section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this time, no director, CEO, or executive is permitted to directly or indirectly deal in the company’s shares.
According to information available from the Pakistan Stock Exchange (PSX), the enforcement of a closed period is standard practice aimed at preventing insider trading and ensuring transparency and fairness in the handling of potentially price-sensitive information.
Service Global Footwear Limited has requested that the TRE Certificate Holders of the Exchange be informed about these developments accordingly. This meeting is crucial for stakeholders as it may influence the company’s financial strategy and stock performance moving forward.