Cornerstone Insurance Plc Announces Delay in Filing FY 2017 Financial Statements

Friday, April 06, 2018 /11:42AM/NSE 

Cornerstone Insurance Plc (“the Company”) wishes to bring to the notice of its shareholders and the investing public the delay in filing and publication of its consolidated Audited Financial Statements for the year ended 31^st  December, 2017 as required by the Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission (SEC) within the regulatory timeline of 31^st March, 2018.

This delay in filing the consolidated Audited Financial Statements for the year ended 31^st December, 2017 was occasioned by unforeseen delays in concluding the audit process within the stipulated time. Consequently, the Company has sought the approval of the Nigerian Stock Exchange to extend the time within which to file its" Audited Financial Statements for the year ended 31^st December, 2017.

Cornerstone Insurance PLC apologises for this delay and assures its shareholders and all stakeholders of its commitment to ensure the submission and publication of its Audited Accounts on or before 31^st May, 2018.



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