Wednesday, April 24, 2019 09:00AM / NSE
Staco Insurance Plc (the “Company”) wishes to notify The Nigerian Stock Exchange (The Exchange), our esteemed shareholders and other stakeholders that the Company has obtained the approval of The Exchange for extension of time to file its Unaudited Financial Statements for the first quarter ended 31st March 2019 (“2019 Q1 UFS”), on or before 29th July 2019.
Kindly recall that the Company is yet to file its Audited Financial Statements for the year ended 31 December 2017 (2017 AFS) as the Company is still in the process of obtaining approval of its 2017 AFS from its primary regulator (the National Insurance Commission).
You may also recall that the Company had obtained and published an approval from The Exchange for extension of time to file the 2018 AFS.
Please note that as the Company is yet to file its 2017 AFS and 2018 AFS, the Rules of The Exchange will not permit the Company to file any other returns including the 2019 Q1 UFS without first filing the above-mentioned AFS.
We reaffirm our commitment to the submission and publication of the 2017 AFS, 2018 AFS and 2019 Q1 UFS.
Visit in Proshare MARKETS
Graph 1: Staco Insurance Plc – One Year Share Price Movement
Table: Audited 2018 Results