Friday, May 17,
2019 / 10:35AM / NSE
Following the suspension of business operations by Greif Nigeria Plc. (Greif or the Company) on 31 January 2019 which we had earlier notified the market of; the Company has had issues of staff turnover, including the resignation of the Company’s Financial Controller, which has affected certain aspects of the Company’s activities.
Consequently, the Company is unable to file its 2nd Quarter Unaudited Financial Statements (Q2 UFS) within the timelines required by The Exchange’s Rules. The Company has however engaged the services of a Financial Consultant to prepare the financial statements, accordingly.
We anticipate that the Q2 UFS will be filed with The Exchange on or before 18th June 2019.
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Table: Unaudited Q1 2019 Results