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    Home»Business»Banking»UBA board meets over audited financial statement
    Banking

    UBA board meets over audited financial statement

    starconnectBy starconnect11 January 2020Updated:11 January 2020No Comments2 Mins Read
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    UBA board meeting notice published
    UBA Plc
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    Admin l Saturday, January 11, 2020

    LAGOS, Nigeria – United Bank for Africa(UBA) has issued notice for a meeting of the board of directors slated for Monday, January 25, 2020.

    During the meeting, the board will consider, amongst other matters, the
    audited financial statements and reports for the year ended December 31, 2019 as well as proposals for the final dividend, Group Company Secretary, Mr. Bili Odum said in a statement to the floor of the Nigerian Stock Exchange.

    He said the results would only be published after relevant regulatory approval.

    “In compliance with the post listing requirements of the Nigerian Stock Exchange for quoted companies, United Bank for Africa Plc hereby declares the commencement of the closed period for trading in the Bank’s shares from January 12, 2020, in respect of the Reports and Financial Statements for the period ended December 31, 2019, as well as the Final Dividend”, he said in the statement.

    Accordingly, he stated, no director, person discharging managerial responsibility, employee with sensitive information, adviser, and consultant of the Bank and their connected persons may directly or indirectly deal in the Securities (Shares and Bonds) of the Bank until 24 hours after the release of the Audited Reports and Financial Statements of the Group for the period ended December 31, 2019 to the Nigerian Stock Exchange.

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