FCMB Group Plc has given notice of the Board of Directors’ meeting to the Nigerian Stock Exchange and investing public.
The meeting will be held electronically via Zoom, at 11:00am on Friday 24 July 2020, to consider the Unaudited Financial Statements of the Group for the half-year ended 30 June 2020 according to the publication signed by the Company Secretary, Olufunmilayo Adedibu.
The Group also declared the commencement of a closed period for trading in the Company’s shares from July 9, 2020 in respect of the Unaudited Financials for the quarter ended June 30, 2020.
Accordingly, no Director, employee, person discharging managerial responsibilities and adviser of the Company and their connected persons may directly or indirectly deal in the shares of the Company in any manner during the closed period.
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FCMB Group Plc, in its Unaudited Interim Financial Statements for the period ended 31 March 2020 grew revenue its to N49.195 billion from N42.722 billion recorded in the same period in 2019.
The company’s profit for the period rose to N4.722 billion from N3.618 billion in Q1 2019 while EPS increased to 24kobo from 18kobo.
FCMB Group is into the business of providing banking and other financial services to corporate and individual customers.
The share price closed at N1.90 on Friday. The 52 week high and low price is N2.20 and N1.41. YTD the share price is up by 2.70%, while in 1 year is has risen by 21.02%. However, in two years it is down by 10.80%
Written by;
Ifunanya Ikueze
