Abbey Mortgage Bank to hold board meeting April 28

By Damilare Adeleye

Abbey Mortgage Bank Plc has announced plans to hold its Board of Directors meeting scheduled for April 28, 2026.

In a notice dated April 22, 2026, and signed by its secretary, Geoff Amaghereonu, the bank disclosed that the meeting will be held at 11:00 a.m.Among agenda items to consider are its unaudited financial statements for the first quarter ended March 31, 2026.

The lender also restated that it has commenced a closed period in line with Rule 17.18(a) of the NGX’s amended listing rules.

It is understood that the restriction began on April 1, 2026, barring insiders from trading in the company’s shares until 24 hours after the financial results are formally released on the NGX Issuer’s Portal.

“During the Closed Period, no insider, including Directors, employees, and other related parties, may directly or indirectly deal with the shares of the Bank,” the notice partly read.

This development is a standard regulatory requirement aimed at preventing insider trading and ensuring market transparency ahead of earnings disclosures.