Wednesday, October 03, 2018/04:12PM/NSE
We wish to notify The Nigerian Stock Exchange (The Exchange), our shareholders and our esteemed Stakeholders that the National Insurance Commission (NAICOM), the primary regulator of Staco Insurance Plc (the Company), having reviewed the Company’s audited financial statements for the period ended 31 December 2017 (2017 Audited Financial Statements) requested by way of a formal letter, that the Company resolves certain issues raised.
The Company has been taking steps to resolve the queries raised by NAICOM and is in the process of finalizing the 2017 Audited Financial Statements with its External Auditor. On finalizing the 2017 Audited Financial Statements, the Company shall proceed to re- file the same with NAICOM for approval.
Upon receipt of NAICOM’s approval, the Company shall immediately proceed to file the 2017 Audited Financial Statements with The Exchange.
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