Trading in shares of 6 listed firms suspended-NSE

The Nigerian Stock Exchange, NSE, yesterday suspended trading on the shares of six listed companies for failure to file their relevant financial accounts to the Exchange within the stipulated time.

The companies are Unity Bank Plc, Fortis Microfinance Bank Plc, Golden Guinea Breweries Plc, Thomas Wyatt Nigeria Plc, Multi-Trex Integrated Foods Plc and Deap Capital Management & Trust Plc.

A circular to the dealing members signed by Godstime Iwenekhai, Head, Listings Regulation Department, NSE, said that the suspension became necessary following the failure by the companies to comply with the second filing deficiency notification issued them at the expiration of the ‘cure period’. Iwenekhai explained that the suspension, which became effective yesterday, will only be lifted upon submission of the relevant accounts by the companies.

Read more at: https://www.vanguardngr.com/2018/11/nse-suspends-trading-in-shares-of-6-listed-firms/

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