By Modupe Gbadeyanka
The board of FBN Holdings Plc has fixed Wednesday, March 11, 2019, the financial powerhouse has disclosed.
The main purpose of the gathering, according to a statement issued by the firm, is to consider the financial results of the company for the year ended December 31, 2018.
“This is to inform the public and our stakeholders that the board of directors of FBN Holdings Plc will be meeting to consider the 2018 audited financial statements, on Wednesday, March 11, 2019,” the statement said.
As a result of this development, the board of FBN Holdings has announced restriction in the trading of its equities on the floor of the Nigerian Stock Exchange (NSE) by its employees, consultants and those who have sensitive information that could sway the price of the stock at the market.
“Consequently, there will be a closed period from Tuesday, February 26, 2019 till 24 hours after the accounts are filed with the Nigerian Stock Exchange (NSE), in line with rule 17.1 of Part 2 (Issuer’s Rules) of the NSE’s Rule Book (2015),” the statement said.
Business Post reports that shares of FBN Holdings depreciated by 5 kobo on Monday to N8.30k per unit.
Aduragbemi Omiyale 
Adedapo Adesanya