Guinness Nigeria Plc has announced a restriction on the trading of its shares, effective July 1, 2026. In a corporate notice sent to the Nigerian Exchange Limited (NGX), the company stated that the restriction is in line with the NGX post-listing requirements.
The company noted that the closed period will last until 24 hours after the release of the Company’s Unaudited Financial Statements for the quarter ending June 30, 2026, to the public through the NGX Issuers’ Portal.
Consequently, no insider of the Company or their connected persons may directly or indirectly deal in the securities of the Company during this closed period.
A closed period on the Nigerian Exchange is a restricted timeframe during which company insiders are legally prohibited from buying or selling their company’s stock. It acts as a mandatory buffer period to prevent insider trading and ensure market fairness.