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The Hub Power Company Limited Schedules Board Meeting for Financial Review

Karachi, The Hub Power Company Limited has announced a board meeting scheduled for Wednesday, February 14, 2024, at 10:00 a.m. at the company's head office located on the 9th Floor of Ocean Tower, Block-9, Main Clifton Road, Karachi. The primary agenda of this meeting is to consider and approve the half-yearly financial statements for the period ending December 31, 2023.

In compliance with Clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange, The Hub Power Company Limited has instituted a "Closed Period" from Tuesday, February 6, 2024, to Wednesday, February 14, 2024. During this period, directors, the CEO, and executives are prohibited from directly or indirectly dealing in the shares of the company.

This upcoming board meeting is a crucial event for The Hub Power Company Limited as it prepares to assess its financial performance for the second half of 2023 and make informed decisions regarding its future course of action. The imposition of the Closed Period is a standard practice aimed at ensuring transparency and fairness in the handling of insider information prior to the public release of financial results.