The Board of Directors of Dangote Cement Plc has announced a board meeting.
One of the top agendas of the meeting is for the board members to consider the group’s Q3 2019 financial results. This was revealed by the group’s Deputy Secretary, Edward Imoedemhe.
Financial Metrics Nigeria reports that the company’s Board of Directors meeting will hold on Tuesday, 29th October 2019.
Dangote Cement Plc also announced a closed period. This is in line with the post-listing of companies listed on the Nigerian Stock Exchange.
The closed period will enable the group to complete its Q3 Unaudited Financial results and file it to the exchange market.
Financial Metrics Nigeria reports that the company’s directors, shareholders, employees, potential investors and anyone with vital information about the trading of Dangote Cement are prohibited from trading their shares.
The closed period will run from Monday, 14th October to 24 hours after the company’s Q3 unaudited results have been released to the public.
Dangote Cement was down by -0.2% to close at N151 on Thursday 3rd October 2019. The company is currently listed on the Premium Board of the Nigeria Stock Exchange with a market capitalization of N2.57 trillion. The group’s outstanding shares stand at N17.04 billion.
Financial metrics Nigeria reports that Dangote Cement is the second most capitalized stock listed on the bourse market after MTN Nigeria.