Diamond Bank, Oando, CAP closes period to consider half year results

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Lagos Nigeria, July 07, (Naija247news) Diamond Bank, Oando and CAP Plc have notified their directors, employees and managerial personnel to stay clear of any form of deals connected to the shares of their respective companies as they embark on a closed period to consider their half year results.

Diamond Bank announced the commencement of its closed period from today July 6th till August 1st in compliance with the NSE Rule Book and the Amendments to the Listing Rules, of the Nigerian Stock Exchange.

The bank’s company secretary Uzoma Uja, in a statement filed with the NSE stated that its Board of Directors will meet on 20th July in Lagos to consider and approve the unaudited Financial Statements for the period ended 30th June, 2017 along with other agenda items.

On the part of Ayotola Jagun, Chief Compliance Officer & Company Secretary of Oando Plc, the company’s closed period will continue until 24 hours after the release of the Unaudited Financial Statements for the period ended 30th June 2017 on the Nigerian Stock Exchange.

Ayotola noted “that no Director, Employee, person discharging managerial functions, adviser or Consultant of the Company and their connected persons may directly or indirectly deal in the shares of the company during the Closed Period.

Chemical and Allied Products (CAP) Compnay Secretary, Rose Hamis said the Directors of CAP will meet on Friday 21st July to consider and approve the financial results for the half year ended June 30, 2017 in addition to other agenda items.

She announced the closed period for CAP plc will be from July 6th to July 31 2016 (both dates inclusive) in compliance with the listing rules as well as other securities trading policy.

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Godwin Okafor is a financial journalist, Internet Social Entrepreneur and the Founder Naija247news Media Ltd He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, Where he was a senior editorial graphic artist, before he left to start Naija247news, An Online Financial Newspaper in 2010. He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news.com and also sits on the board of Students In Business Awards, (SIBA).

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