Unusual Price and Volume Movements in Hascol Petroleum Shares Addressed by Company

Karachi: Hascol Petroleum Limited has addressed recent fluctuations in the price and trading volume of its shares, affirming no undisclosed factors are influencing these changes. In a response to a query from the Pakistan Stock Exchange (PSX) dated November 19, 2024, Hascol Petroleum assured stakeholders of its compliance with the Securities Act, 2015, and PSX regulations regarding the disclosure of material or price-sensitive information.

According to information available from the Pakistan Stock Exchange (PSX), the company stated that there are no known developments or undisclosed matters that could have impacted the recent market activity of its shares. Hascol Petroleum emphasized its commitment to fulfilling disclosure obligations under applicable laws and regulations.

The company has reiterated its dedication to maintaining transparency and keeping all relevant parties informed, urging the PSX to communicate this assurance to TRE Certificate Holders.