Secure Electronic Technology Plc schedules board meeting to approve 2025 AFS

Secure Electronic Technology Plc schedules board meeting to approve 2025 AFSSecure Electronic Technology Plc (SET Plc), a leading player in the gaming and lottery sector, has formally notified the Nigerian Exchange Limited (NGX) and the investing public of its upcoming Board of Directors meeting.

According to a corporate disclosure released yesterday, the meeting is scheduled to take place on Thursday, March 20, 2026.The primary agenda for the session is the consideration and approval of the Company's Audited Financial Statements for the full year ended December 31, 2025.

This meeting follows a challenging fiscal period for the firm, which recently saw the suspension of a proposed share reconstruction and recapitalization exercise due to an impasse in negotiations with potential investors.In strict compliance with the Rulebook of the NGX, specifically Rule 17.18 of the Issuers’ Rules, the Company has declared a "Closed Period" which commenced on January 1, 2026.

During this timeframe, no director, employee, or other insider with access to price-sensitive information is permitted to trade in the shares of Secure Electronic Technology Plc.The disclosure, signed by the Company Secretary, Irene Attoe, emphasizes that this trading restriction will remain in effect until 24 hours after the 2025 Audited Financial Statements have been officially filed and published through the Exchange.

The upcoming board session is expected to provide shareholders with clarity on the company's financial health and its strategic direction for the 2026 fiscal year following the termination of its previous recapitalization plans.