NSE Lifts Suspension Placed on Trading in the Shares of Omatek Ventures Plc

Proshare

Tuesday, December 31, 2019 / 4:18 PM / NSE / Header Image Credit: OMATEK


We refer to our Market Bulletin dated 5 July 2017, with Reference Number: NSE/LARD/LRD/MB02/05/07/17 wherein we notified Dealing Members of the suspension of seventeen (17) listed companies for non-compliance with Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers' Rules) ("Default Filing Rules"), which provides that: "If an Issuer fails to file the relevant accounts by the expiration of the Cure Period, The Exchange will:

a)     send to the Issuer a "Second Filing Deficiency Notification" within two (2) business days after the end of the Cure Period;

b)     suspend trading in the Issuer's securities; and

c)      notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension."

 

Omatek Ventures Plc, one (1) of the seventeen (17) companies that was suspended on 5 July 2017, has now filed its outstanding financial statements with The Exchange.

 

In view of the Company's submission of its outstanding financial statements, and pursuant to Rule 3.3 of the Default Filing Rules, which provides that: "The suspension of trading in the Issuer's securities shall be lifted upon submission of the relevant accounts provided The Exchange is satisfied that the accounts comply with all applicable rules of The Exchange. The Exchange shall thereafter also announce through the medium by which the public and the SEC was initially notified of the suspension", Dealing Members are hereby notified that the suspension placed on trading on the shares of Omatek Ventures Plc was lifted today, Tuesday, 31 December 2019.

 

One Year Share Price Movement

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd. 

 

Related News

1.        OMATEK Declares N874m Loss in Q3 2019 Results, (SP:N0.50k)

2.       OMATEK Declares N1.38bn Loss in Audited 2017 results (SP:N0.50k)

3.       OMATEK Declares N1.06m Loss in Audited 2016 results (SP:N0.50k)

4.       OMATEK Notifies of the Resolutions of the Board Meeting Held on the 27th of February 2019

5.       OMATEK Releases Statement on the Status of the Company as at...

6.       OMATEK Releases 2013 2014 Audited Results Declares N284.76 mln PAT in Q4 SP...

7.       OMATEK declares N225.2m PAT in 12 Audited result SP N0.50k

8.      OMATEK declares N233.6m PAT in Q3 12 result SP N0.50k

9.       FG commends Omatek on e-learning initiative

10.   Omatek shareholders approve proposed five kobo dividend

11.    Omatek unveils world's smallest Desktop PC


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP