The Management of Access Bank Plc has notified stakeholders of its inability to meet up with the regulatory time frame earmarked for the publication of its Audited Financial Statements for the half year period ended 30th of June, 2021.
This is according to a notice signed by the company’s secretary, Sunday Ekwochi, and sent to the Nigerian Exchange Group Limited (NGX).
According to the disclosure, due to ongoing strategic business combinations across jurisdictions and the need to obtain regulatory approval, the release of the Group’s 2021 Audited Interim Financial Statements could be delayed beyond the regulatory due date of 29th of August, 2021.
Consequently, the banking giants expressed optimism that it would publish the results within the extended timeframe. It emphatically stated that it expects to publish the results on or before September 10, 2021.
In addition, the bank reminded insiders that the earlier declared closed period in respect of transaction in the Bank’s securities remains in place until 24 hours after the release of the Results.