Tuesday, July 9, 2019 /02:50PM / by NSE
The Board of Directors of Portland Paints and Products Nigeria Plc are scheduled to meet in Lagos on Friday 19th July 2019 to consider the Half year Unaudited Financial Statements of the Company for the period ended 30th June 2019.
Accordingly, in compliance with the NSE Rule Book and the Amendments to the Listing Rules, Portland Paints and Products Nigeria Plc hereby declares the commencement of the closed period for trading in its shares on Thursday 4 July 2019 in respect of the Half year Unaudited Financial Statements for the period ended 30th June 2019.
Hence, no director, person discharging managerial responsibility, employees with sensitive information, advisers and consultants of the company and their connected persons may directly or indirectly deal in the securities of the company until the 24hours after the release of the Half year Unaudited Financial Statements of the Company for the period ended 30th June 2019 to the Nigerian Stock Exchange and by extension, the general public.
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Graph 1: Portland Paints Nigeria Plc – One Year Share Price Movement
Table: Unaudited Q1 2019 Results