The Board of Directors of two of the Tier one lenders in Nigeria, FBN Holdings Plc and Access Bank Plc has announced the date of their Board Meeting to consider and approve the financial statement for half year ended 30th of June 2020.
In separate letters signed by their respective Company Secretary and published by the Nigerian Stock Exchange (NSE) the Board of the two of Nigeria’s biggest lenders also announced the Closed Period for dealing in their shares
The board meeting of FBN Holdings has been scheduled to hold on Wednesday, 29th July 2020 to consider unaudited financial statement for the half-year ended June 30, 2020, and subsequently, the Bank has also declared the Closed Period for dealing in its shares from 14th July 2020 to 24 hours after its financials and other information have been made public in line with the Rulebook of the NSE.
Access Bank board meeting is scheduled to hold on Thursday 30th July 2020 to consider audited financial statement for half year ended June 30, 2020, and the subsequently, Bank has also declared the Closed Period for dealing in its shares will commence on 14th July 2020 till 24 hours after its financials and other information have been made public in line with the Rulebook of the NSE. The Payment of interim dividend may also be considered at the board meeting
Accordingly, no director, employee, person discharging managerial responsibility and adviser of the two Banks and their connected persons may directly or indirectly, deal in the shares of the Banks in any manner during the Closed Period.