Monday, August 31, 2020 / 5:26 PM / NSE / Header Image Credit: Bloomberg
The Shareholders and the investing public are kindly informed that following the consideration of the Bank's Audited Half-Year Financial Statement (AFS) for the period ended June 30, 2020, by the Board on July 22, 2020, steps were taken to finalise the AFS with the Bank's external auditors and same submitted to the Bank's Primary Regulator for approval before release of same to the market.
The Bank's Primary Regulator is still in the process of reviewing the AFS and same would be released to the market upon receipt of the said approval.
In view of the foregoing, the Bank requested an extension of time from The Nigerian Stock Exchange ("The Exchange") to publish its AFS, subsequent to which a 30-day extension was granted. However, kindly be assured that if the approval from the primary Regulator is received earlier, the Bank's AFS would be released to the market earlier than the period approved by The Exchange.
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Graph - One Year Share Price Movement
Table: Q1 2020 Unaudited Results