The Board of Directors of Nigerian Tier 1 lender, Zenith Bank Plc, will meet on Thursday, January 28, 2021, to consider the Group’s Audited Financial Statements for the financial year ended December 31, 2020.
Therefore, the company has declared the commencement of the closed period for trading in its shares from January 13, 2020 in respect of the Audited Financial Statements for the financial year under review.
Michael Otu, Company Secretary and General Counsel, in a notification to the Nigerian Stock Exchange (NSE), dated Tuesday, January 12, 2021, said the decisions reached at the meeting would be made public after obtaining the approval of the Central Bank of Nigeria (CBN).
“In line with listing regulations of the Nigerian Stock Exchange for quoted companies, Zenith Bank Plc hereby informs its shareholders, and the investing public that the Board of Directors of the Bank is scheduled to meet on Thursday, January 28, 2021, to consider the Group’s Audited Financial Statements for the financial year ended December 31, 2020.
“Consequently, and in line with the post-listing requirements of the Nigerian Stock Exchange for quoted companies, Zenith Bank Plc hereby declare the commencement of the closed period for trading in the bank’s shares from January 13, 2020 in respect of the Audited Financial Statements for the financial year ended December 31, 2020. The closed period will run until 24 hours after the audited account is released to the public.
“Kindly note that we are required to forward the Audited Accounts to the Central Bank of Nigeria (CBN) for approval prior to the release of the results on the floor of the Nigerian Stock Exchange.”
