NSE lifts suspension placed on 4 companies

The Nigerian Stock Exchange (NSE) has lifted a suspension placed on trading in the shares of Ekocorp Plc, Premier Paints Plc, Austin Laz and Company Plc and Academy Press Plc.

In a notice posted on its website, the exchange stated the move was following the companies submission of their results.

In view of the submission of their respective accounts and pursuant to Rule 3.3 of the Default Filing Rules, which provides that;

“The suspension of trading in the issuer’s securities shall be lifted upon submission of the relevant accounts provided The Exchange is satisfied that the accounts comply with all applicable rules of The Exchange. The Exchange shall thereafter also announce through the medium by which the public and the SEC was initially notified of the suspension”

The suspension placed on the affected firms has been lifted effective 6th November 2018.

 

 

Source: Nairametrics

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