SUSPENSION OF THREE (3) LISTED COMPANIES | InfoWARE Finance
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SUSPENSION OF THREE (3) LISTED COMPANIES
(Source: NSE, Date: 01-Sep-2025)
MARKET BULLETIN 01 September 2025 NGXREG/IRD/MB64/25/09/01 Notification of Suspension of Three (3) Listed Companies Trading License Holders and the investing public are hereby notified that pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, (Default Filing Rules), which provides that: ?If an Issuer fails to file the relevant accounts by the expiration of the Cure Period , The Exchange will: a) Send to the Issuer a ?Second Filing Deficiency Notification? within two (2) business days after the end of the Cure Period; b) Suspend trading in the Issuer?s securities; and c) Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension?, trading in the shares of the three (3) listed companies below have been suspended from the facilities of Nigerian Exchange Limited (NGX or The Exchange) effective today, Monday, 1 September 2025 for not filing their Audited Financial Statements for the year ended 31 December 2024: 1. Regency Alliance Insurance Plc 2. International Energy Insurance Plc 3. Universal Insurance Plc In accordance with the Default Filing Rules set forth above, the suspension of trading in the shares of the above mentioned companies shall be lifted upon the submission of the outstanding financial statements. Obioma Oge For: Head, Issuer Regulation Department
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