Sterling Financial Holdings sets April 30 to publish its FY’24 results

Sterling Financial Holdings Company Plc has notified the Nigerian Exchange Limited (NGX), its shareholders, and the investing public of the late filing of its Audited Financial Statements (AFS) for the year ended December 31, 2024.

The delay, according to the company “is due to the change in the core banking application used by one of its subsidiaries, Sterling Bank. The migration to the new system has impacted the timing of the finalisation of our 2024 AFS. As a result, our auditors will require more time to complete the company’s audit”.

As a result, the company said it will publish its 2024 AFS on or before April 30, 2025, “upon receipt of the requisite approvals”.

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“In continuing compliance with the post-listing requirements of NGX, the previously announced closed period which commenced on 1st January 2025 will continue until 24 hours after the Audited Financial Statements for the year ended 31st December 2024 and Unaudited Financial Statements for the period ending 31st March 2025 are released on the floor of NGX,” Sterling Financial Holdings Company Plc said in a recent notice at the NGX.

The company further noted that directors and other insiders of Sterling Financial Holdings Company Plc are restricted from dealing in the securities of the company during the closed period.