CORNERST Announces Delay in Filing FY 2017 and H1 2018 Financial Statements

Proshare

Monday, July 16, 2018 02:20PM / NSE 

Cornerstone Insurance PLC (“the Company”) wishes to bring to the notice of its shareholders and the investing public the continued delay in the filing and publication of its Audited Financial Statements for the year ended 31st December 2017 and Unaudited Financial Statement for the First Quarter ended 31st March 2018 as required by the Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission (SEC). Consequently, the Company is also unable to file and publish its Unaudited Financial Statements for the Second Quarter ended 3oth June 2018. 

The Company’s Audited Financial Statements for the year ended 31st December 2017 are currently undergoing review by the National Insurance Commission (NAICOM) and will be filed together with its quarterly unaudited accounts immediately the Company obtains the approval of NAICOM. 

Cornerstone Insurance PLC apologises for this delay and assures its shareholders and all stakeholders of its commitment to immediately publish its Audited Accounts and outstanding Unaudited Accounts, upon receipt of approval from NAICOM.


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