Rawalpindi: Fauji Fertilizer Bin Qasim Limited (FFBL) has declared a “Closed Period” from July 13 to July 19, 2024, during which no director, CEO, or executive will be permitted to trade the company’s shares. This announcement comes in preparation for the company’s 166th Board of Directors’ meeting scheduled for July 19, 2024, in Rawalpindi, where matters other than financial results will be discussed.

The company specified that this Closed Period adheres to Clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations. During this period, trading of FFBL shares by directors, the CEO, or executives is strictly prohibited to prevent any conflict of interest or insider trading ahead of the significant board meeting.

According to information available from the Pakistan Stock Exchange (PSX), the upcoming meeting aims to consider business matters unrelated to the financial results of FFBL. Material information, if any, resulting from this meeting will be subsequently communicated to the PSX, ensuring transparency and regulatory compliance.

Shareholders and the certificate holders of the exchange have been duly informed about the Closed Period to maintain orderly market conduct and safeguard shareholder interests.

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