Standard Alliance Insurance Plc has notified its shareholders, the investing public and other relevant stakeholders that it will be hosting a Board of Directors Meeting on Thursday, October 28, 2021.
This is according to a notice signed by the company’s secretary, Kasoki Hart Olekanma, and filed with the Nigerian Exchange Limited (NGX).
According to the notice, the board meeting is scheduled to enable the Directors deliberate on and approve the company’s unaudited financial accounts for the third quarter ended 30th of September, 2021.
Consequently, in line with Rule 17.18 of the Rulebook of the Nigerian Exchange Limited (NGX), the company disclosed that it had already commenced a closed period from October 1, 2021. The closed period will last until 24 hours after the financial results have been released to the NGX and made public.
During the closed period, all insiders such as: Director, persons discharging managerial responsibilities, and advisers of the Company and their connected persons are prohibited from trading (i.e. buying, selling, transferring or otherwise dealing) in the company’s shares.
For more information about the disclosure, click HERE.