Other companies that have provided their compliance timelines are Arbico plc, LivingTrust Mortgage Bank plc, and Prestige Assurance plc.
The NGX Regulation Limited’s (NGX RegCo) X-Compliance Report shows that no fewer than 21 listed companies on the Nigerian Exchange Limited (NGX) have the majority of their shares still in the hands of controlling-interest investors as against being in the hands of public investors thereby making them deficient in the free-float requirement in line with listing rules.
– Business day