Lahore: The United Insurance Company of Pakistan Limited has announced a Board of Directors meeting scheduled for March 26, 2025, at 11:00 a.m. The meeting will take place at the company's head office, UIG House, located at 01- Upper Mall in Lahore. The agenda includes reviewing the company's annual accounts for the year ending December 31, 2024, and considering any potential entitlements.
The company has instituted a "Closed Period" commencing from March 19, 2025, and concluding on March 26, 2025. This is in compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, no director, CEO, or executive of the company is permitted to engage, directly or indirectly, in any transactions involving the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is a mandatory requirement to prevent insider trading and ensure transparency in the financial dealings related to the company's shares.
The company has requested that the TRE Certificate Holders of the Exchange be informed about the scheduled meeting and the imposed closed period.