The board of Guaranty Trust Bank Plc, Diamond Bank and UACN Property Development Company, on Monday wrote the Nigerian Stock Exchange (NSE) announcing the closed periods for the half year financials.

GTBank, for example, in the filing by Erhi Obebeduo, its company secretary, said its closed period begins from July 4, 2018, ahead of which the board is scheduled to meet for consideration of the financial statement and to discuss issues relating to payment of an interim dividend, on Wednesday, July 25, 2018.

In another notice of the bourse also on Monday, the bank said it is required to forward the audited account to the Central Bank of Nigeria (CBN) for approval, prior to the release of the results on the floor of the NSE.

Rather than give a period when it is expected to conclude this process, Obebeduo simply said the NSE will be notified “of the decisions reach after the approval of the CBN is obtained.”

Also, on Tuesday, the board of Diamond Bank informed the NSE of its board meeting slated for July 19, 2018 to consider and approve its un-audited financials for the half-year ended June 30, 2018.

Consequently, its closed period is to begin from July 4, 2018 until the un-audited financials is released to the bourse, according to a statement signed for Uzoma Uja, its company secretary and legal adviser following which it said “no director, employee, persons discharging managerial responsibilities, and advisors to the bank and their connected persons may directly or indirectly deal in the shares of the bank in any manner during the closed period.”

UACN Property fixed its closed period from Tuesday, July 3, to 24 hours after the audited result for the period ended June 30, 2018, “is announced to the market.”

Within the period however, according to Folake Kalaro (Mrs), its company secretary/legal adviser, the board is scheduled to meet and consider the unaudited half year financial statement for Wednesday, July 18, 2018.