Why Our Q2 2016 Result is Delayed, PZ Cussons Writes NSE

The management of PZ Cussons Plc, on Thursday sought the indulgence of the Nigerian Stock Exchange (NSE) for a late filing of its unaudited results for the 2016 second quarter until next week.
In statement by Abiola Olaseinde, its Company Secretary, the company blamed the delayed submission “on the fact that our results comprise a substantial element of the overall results of PZ Cussons Plc Group UK, which also has extensive operations in Europe, Asia and in America.
“Consequently, the earliest practicable date b which the group can collate and release its accounts for the half year is 24 January 2017 in order not to give non-public material information to our overseas shareholders.”
The statement titled: PZ Cussons Nigeria Plc to file unaudited financial statements for Q2 ended 30 November 2016 on 26th January 2017,” assured that the development will not result in any disadvantage to its Nigerian shareholders.

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