July 17, 2019 /12:000PM / by NSE
Goldlink Insurance Plc ("the Company") hereby notifies its shareholders, capital market participants, and The Nigerian Stock Exchange (“The Exchange”) that the Company regrettably unable to meet the extended deadline for filing its Audited Financial Statements (AFS) for the year ended 31 December, 2018 (2018 AFS) within the extended due date of June 30, 2019.
The Company’s inability to file its 2018 AFS is as a result of the delay it encountered in completing the audits of the 2016 and 2017 accounts, which has ultimately impacted on the audit of the 2018 accounts. More so, the on-going restructuring in the Company, and the need to stabilize the Company by the National Insurance Commission (NAICOM) being part of its regulatory intervention further affected the completion of the audit.
Please be assured that the Company will file its 2018 AFS well enough in time to convene its Annual General Meeting on, or before 29th of November, 2019, and sincerely regret any inconveniences the delay might cause our shareholders and the investing public. We would like to provide the assurance that we are committed to adhering to best corporate governance practices at all times. This publication can also be found on the company's website: www.goldlinkplc.com
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Graph 1: Goldlink Insurance – One Year Share Price Movement
Table: Unaudited Q3 2018 Results