Ecobank Transnational Incorporated (ETI) Plc, has notified the investing public and Nigerian Exchange Limited (NGX) of the delay in the publication of its consolidated audited accounts for the year ended December 31, 2022.
ETI stated this in a statement signed by the company Secretary, Madibinet Cisse. According to the statement, on March 1, 2023, ETI announced that its board of directors had approved the audited accounts and the payment of a dividend subject to the completion of standard procedures and relevant regulatory approvals.
“However, ETI is yet to receive regulatory approval in respect of the component audit of a material subsidiary company. Accordingly, ETI has obtained the approval of the Securities and Exchange Commission of Nigeria for an extension of time till March 31, 2023 to file the 2022 Audited Accounts.”
It stated that the details of the audited accounts will be published upon approval of the regulators of the relevant material subsidiary, saying “consequently, the closed period which commenced from January 1, 2023, will continue until 24 hours after the audited accounts for the year ended December 31, 2022 are released to the Stock Exchanges on which Ecobank Transnational Incorporated is listed.”