SOVRENINS Notifies of Late Filing of the Company's 2019 AFS

Proshare

Wednesday, March 11, 2020 / 1:45 PM / NSE / Header Image Credit: stiplc


Sovereign Trust Insurance Plc (the Company) wishes to inform its esteemed shareholders and all stakeholders that the Audited Financial Statements (AFS) for the year ended December 31, 2019 will be delayed for publication due to a breakdown of the Company's Information Technology (IT) system which has hindered the timely conclusion of auditing process of the auditing and submission to our primary regulator, the National Insurance Commission (NAICOM) for approval.


Upon receiving the approval of NAICOM, we shall file the accounts with The Nigerian Stock Exchange (The Exchange) accordingly.


The Company regrets any inconvenience the delay might cause to its shareholders.

 

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