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STDINSURE Announces Late Submission of Management Account For Period Ended 31st March, 2017

Proshare

Tuesday, April 18, 2017/10:07 AM/NSE

I
n compliance with the Post Listing Rules of the Nigerian Stock Exchange (“The Exchange”), the Company hereby advises its esteemed shareholders and other stakeholders with regret that it may be unable to submit its Management Account for period ended 31st March 2017 to the Nigeria Stock Exchange (NSE) within the timeframe required by the regulatory agency.

This had been unanticipated as the Company’s Audited Financial Statement for the year ended 31st December, 2016 is still under review by the National Insurance Commission (NAICOM) thus we may be unable to file the first quarter Account within the regulatory specified period.

We shall submit same to the Exchange as soon as the Audited Account is approved by the National Insurance Commission (NAICOM).

We sincerely apologize for any inconvenience caused and are optimistic to submit the Management Accounts to The Exchange on or before 20th May, 2017.

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