INITSPLC Notifies of Board Meeting and Closed Period

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Tuesday, March 3, 2020 / 6:35 PM / NSE / Header Image Credit: Initiates Group


Notice is hereby given that the 33rd Meeting of the Board of Directors of The Initiates Plc (the Company) shall hold on Friday, the 27th day of March, 2020 by 1:00pm at the Company's registered address; Plot 400, Location (new) Road, off Aba/PH Expressway, by Oyigbo Junction, Umuebule 5, Etche, Rivers State to consider among other things:

  • The Company's Strategic Plan Funding
  • Audit Committee Report & Adoption/approval of the 2019 Audited Account
  • The Management's Report


Accordingly, in compliance with The Nigerian Stock Exchange's post listings requirements, The Initiates Plc hereby declares the commencement of a closed period for trading in its shares from 12th March 2020 until 24 hours after the Audited Financial Statements and the outcome of the Board meeting have been announced to the Market.


Consequently, no Director, persons discharging managerial responsibilities, Audit Committee Members, Advisers, Consultants and Employees, with insider information or their connected persons shall deal directly or indirectly in the securities of The Initiates Plc during this closed period.

 

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Table: Unaudited Q3 2019 Results

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