Friday, April 5, 2019
10:10AM / NSE
Smart Products Nigeria Plc (“Smart Products” or the Company”) wishes to inform its esteemed and valued Shareholders, Stakeholders and the General Public that the Company was unable to file its Audited Financial Statements for the year ended 31 December 2018 (2018 AFS) by the due date of 31 March 2019.
This was as a result of the delay experienced in the audit exercise of the Company’s 2018 AFS. We are aware of our responsibilities and obligations to the Post-listing regulations and regret the inconvenience the delay in filing these accounts may have caused our shareholders.
In view of the above, the Company may also be unable to file its Unaudited Financial Statements for the period ended 31 March, 2019 (2019 Q1) by the regulatory due date of 30 April 2019.
The Management of Smart Products has put all machinery in place to ensure the filing of the 2018 AFS latest, by 19th April, 2019 and 2019 Q1 latest 30 April 2019. Also, appropriate measures have put in place to ensure that future Financial Statements and results are released within the stipulated time. We like to assure our esteem shareholders of the Company’s continuous compliance to Regulatory requirements.
Smart Products remains committed to adherence to extant Rules including that of The Exchange.