WorldStage– Premier real estate development firm UPDC Plc has announced the commencement of a closed trading period effective October 1, 2026, ahead of the release of its Unaudited Financial Statements for the third quarter ended September 30, 2026 (Q3 2026 UFS).
The notice, issued in compliance with Rule 17.18(a) of the Closed Period Rules in the Nigerian Exchange Limited (NGX) Rulebook (2015, as amended), places a strict embargo on share trading by company insiders.
According to a corporate disclosure signed by Company Secretary Folake Kalaro (Mrs), no insider—including directors, employees, and their connected persons—may directly or indirectly deal in the company’s securities. The restriction remains active until 24 hours after the Q3 2026 financial results are officially published on the NGX and made accessible to the public.
The company confirmed that the Q3 2026 UFS is expected to be filed on or before October 30, 2026.
Key Highlights from the Corporate Notice:
Effective Date: October 1, 2026
Scope: All insiders and connected persons are restricted from buying or selling UPDC Plc securities.
Duration: Valid until 24 hours post-release of the Q3 2026 financial reports.
Filing Deadline: On or before October 30, 2026.
UPDC Plc reiterated its commitment to transparency and directed shareholders and potential investors to its dedicated Investor Portal or to reach out to the Investor Relations team at investorrelations@updcplc.com for corporate enquiries.
