Access Holdings Plc has notified the public that there will be a delay in the release of its half year financial results for the period ended 30 June 2023. The financial conglomerate made this known in the company’s statement sent to the Nigerian Exchange Limited (NGX).
According to the release signed by the company secretary Sunday Ekwochi, Access Holdings hopes the regulatory body would have given its approval on or before September 30, 2023.
“In line with NGX’ approval, the Company had submitted the Results to the CBN for its approval. However, in view of the length of time estimated for the CBN to review the submitted Results, it is envisaged that the Company may be unable to meet the timeline of September 15, 2023, for publication of the Results.
“Based on the foregoing, the Company has sought and obtained an extension of time to file the Results on or before September 30, 2023, subject to CBN’s approval of the Results,” Access Holdings said.
The company’s insiders are therefore reminded that the earlier declared closed period in respect of transactions on the securities remain in place until 24 hours after release of the result.
Access Holdings completed the take over of the controlling stake in Finibanco Angola after meeting certain regulatory approval from Angola’s apex bank and the Central Bank of Nigeria. With the completion of the acquisition, Access Holdings now owns more than 51% stake in S.A Finibanco Angola.