Unity Bank Plc Explains Reasons Behind The Delay in Filing Its Financial Statements

Proshare

Friday, November 02, 2018 07:32 PM / NSE

 

Unity Bank Plc wishes to inform the Nigerian Stock Exchange (NSE), our esteemed shareholders and other stakeholders that it has released its Audited Financial Statement for the year ended December 31, 2017 as well as the year 2018 Quarterly Unaudited Financial Statements up to September 30, 2018. 

The delay in filing the Financial Statements was occasioned by certain corporate actions, including ongoing discussions with the Bank’s prospective investors undertaken by the Bank which necessitated extensive reviews by our primary regulator. 

In furtherance of this, the Bank consulted extensively with both NSE and Central Bank of Nigeria and obtained extension of up to October 31, 2018 to file the accounts for which it ‘remains appreciative. 

We are pleased to inform our stakeholders that discussions with our prospective investors are progressing according to plan and will be concluded shortly, following which necessary regulatory approvals would be sought and announcement made.

 

 

Proshare Nigeria Pvt. Ltd.

 

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