DEAPCAP Announces Delay in Submission Of Audited Financial Statements

Proshare

Tuesday, January 07, 2020 / 05:45 PM / NSE / Header Image Credit: African Financials


Deap Capital Management and Trust Plc (Deap Capital or the Company) wishes to notify The Nigerian Stock Exchange (The Exchange) and all stakeholders of the Company's inability to file its Audited Financial Statement for the year ended September 30th 2019 on due date of December 29 2019 as required by the rules and regulations of The Exchange.


The above situation is due to the following reasons which are currently being addressed:


1.            The issues with AMCON regarding the Company's last Annual General Meeting held on August 22nd 2019 which AMCON reported to the Securities and Exchange Commission (SEC).

 

2.          As a result of one above, the Company's Auditors could not start and complete the audit of the Annual Audited Financial Statements on time.

 

The Annual Audited Financial statement is currently with the External Auditors and they have assured the Company that the accounts would be ready for filling with The Exchange on or before the end of January, 2020.


Deap Capital therefore solicits for the cooperation and understanding of all stakeholders.


Visit  Deap Capital Management and Trust Plc IR Page in Proshare MARKETS 

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