GTBank, Access Bank, Fidelity mgts to meet over H1 2020 audited results

By Kayode Tokede

The board and directors of Guaranty Trust Bank Plc (GTBank), Access Bank Plc and Fidelity bank Plc have announced to the Nigerian Exchange Limited (NGX) plans to meet over half year audited result and accounts for period ended June 30, 2021.

Our correspondent can report that GTBank and Access bank are likely to announce interim dividend, a policy that both banks have sustained over the years.

The company secretary, GTBank, Erhi Obebeduo, in a notice on Thursday said, “Pursuant to the post-listing requirements of the NGX for quoted companies, GTBank hereby informs you that the board of directors of our company is scheduled to meet on Wednesday July 28, 2021, to consider the audited financial statement for half-year ended June 30, 2021. Issues relating to half-year dividend may also be discussed at the Meeting.

“Accordingly, in compliance with the NGX post-listing requirements, the closed period for trading in the Company’s shares by insiders will commence on July 1, 2021 and will expire 24 hours after the announcement of the results.

“Kindly note that we are required to forward the Audited Accounts to the Central Bank of Nigeria (CBN) for approval, prior to the release of the results on the floor of the NGX. We shall notify you of the decisions reached after the approval of the CBN is obtained.”

The company secretary, Access Bank, Mr. Sunday Ekwochi, in a notice also said, “This is to inform the investing public and the NGX that a meeting of the board of Directors of Access Bank has been scheduled for Wednesday July, 28, 2021 to consider and approve the company’s audited interim financial statements for the half year ending June 30, 2021.

“The payment of interim dividend may also be considered at the meeting.

“The audited interim financial statements approved by the Board will be submitted to the CBN for approval before release on the floor of the NGX.

“The company has also declared a closed period in respect of transactions on its securities from July 1, 2021 until 24 hours after the audited interim financial statements for the half year ended June 30, 2021 is released to the public in compliance with the listing rules of the NGX.

“Accordingly, no director, employee, person discharging managerial responsibility adviser of the company and/or their connected persons may directly or indirectly, deal in the securities of the company in any manner during the closed period.”

In addition, the company secretary, Fidelity bank, Ezinwa Unuigboje, in a notice stated that “This is to inform the NGX regulation limited, our esteemed shareholders and the general public that Fidelity bank will audit its financial statements for the half year ended June 30, 2021.

“Upon completion of the audit, the audited financial statements for the half year ended June 30, 2021 shall be presented to the CBN for approval and thereafter published in compliance with the provisions of the NGX rule book and other relevant statues/regulations. The Bank expects to publish financial statements on or before August 29, 2021.

“Premised on the foregoing, the trading window for dealing in the Ban’s shares shall be closed to its insides and their connected persons from July 1, 2021 until 24 hours after the release of the audited financial statements for the half year ended June 31, 2021.”

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