NGX Lifts Suspension on C & I Leasing Shares

The Nigerian Exchange Limited (NGX) has lifted the trading suspension placed on trading the shares of C & I Leasing Plc for failing to file its financial results for 2021, Q1 2022 and Q2 2022 as when due.

In its latest notice, the NGX said C & I Leasing Plc, one (1) of the nine (9) listed companies that were suspended on 1 July 2022, has now filed its Audited Financial Statements for the year ended 31 December 2021, and Unaudited Financial Statements for the quarter ended 31 March 2022.

Therefore, it said in view of the company’s submission of these financial statements, and pursuant to Rule 3.3 of the Default Filing Rules, which states 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, that the suspension has been lifted”, Trading License Holders and the Investing Public are hereby notified that the suspension placed on trading on the shares of C & I Leasing Plc was lifted on, 29 July 2022.