The Board of Directors of United Bank for Africa Plc is scheduled to meet in Abuja at 10:00 AM on Friday, October 18, 2019, to consider, amongst other matters, the Group Unaudited Accounts and Financial Statements for the Third Quarter ended September 30, 2019.
This was made available to Brand Spur Nigeria in a statement signed by the Company’s Secretary, Bili Odum.
In compliance with the post-listing requirements of the Nigerian Stock Exchange for quoted companies, United Bank for Africa Plc hereby declares the commencement of the closed period for trading in the Bank’s shares from Wednesday, October 2, 2019 in respect of the Group Unaudited Accounts and Financial Statements for the Third Quarter ended September 30, 2019.
Accordingly, no Director, person discharging managerial responsibility, employee with sensitive information, adviser, and consultant of the Bank and their connected persons may directly or indirectly deal in the Securities (Shares and Bonds) of the Bank until 24 hours after the release of the Group Unaudited Accounts and Financial Statements for the Third Quarter ended September 30, 2019 to the Nigerian Stock Exchange.
Brand Spur Nigeria gathered that the lender’s board will approve its Q3 unaudited accounts for the period ended 30th September 2019. They will also consider and approve its financial statements.
Brand Spur Nigeria reports that UBA shares went down by 0.81% on Monday 30th September 2019 to close at N6.15.