Cornerstone Insurance Plc Announces Delay in Filing Q1 2018 Reports

Proshare

Tuesday, May 07, 2018 05.00PM / NSE  

Cornerstone Insurance PLC (”the Company”) wishes to bring to the notice of its shareholders and the investing public the delay in filing and publishing its Unaudited Financial Statements for the First Quarter ended 31st  March, 2018 as required by the Nigerian Stock Exchange (NSE) within the regulatory timeline of 30th  April, 2018. 

This delay in filing the Unaudited Financial Statements for the First Quarter ended 31St March, 2018 was occasioned by the inability to file the Company's Audited Financial Statements for the year ended 31st December, 2017. Consequently filing and publishing the Unaudited Financial Statements for the First Quarter ended 31st March, 2018 would have amounted to a breach of the Amendment to the NSE Listing Rules. 

Cornerstone Insurance PLC apologises for this delay and assures its shareholders and all stakeholders that its Unaudited Financial Statements for the First Quarter ended 31St March, 2018 is ready and available to be filed as soon as the Company obtains approval and file its Audited Financial Statements for the year ended 31st  December, 2017.


Proshare Nigeria Pvt. Ltd.

 

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