KARACHI: Oilboy Energy Limited has announced a close period starting November 11, 2025, until the company communicates its board’s decision to the Pakistan Stock Exchange (PSX). The move follows the company’s decision to circulate a resolution among its Board of Directors for consideration of certain business matters containing price-sensitive information.
This means that Oilboy Energy Limited has temporarily restricted trading in its own shares for its insiders, that is, its directors, CEO, and executives, because it is about to make an important business decision that could affect the company’s share price.
In line with clause 5.6.4(d) of the PSX Regulations, Oilboy Energy stated that no director, CEO, or executive will be permitted to directly or indirectly trade in the company’s shares during the close period.
The PSX has been requested to inform all TRE Certificate Holders accordingly. A copy of the notice has also been sent to the Executive Director and Head of Department, Offsite-II, Supervision Division, Securities and Exchange Commission of Pakistan (SECP), Islamabad.
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