The Quotations Committee of the National Council of The Nigerian Stock Exchange, on Monday, June 2, 2014, approved the delisting of some entities from Daily Official List pursuant to the provision of the Greenbook (Listing Rules) of The Exchange, specifically, clause 15 of the General Undertaking.

The Exchange has decided to delist these entities because of their failure to file quarterly and annual financial statement as required under the Listing Rules. this regulatory action is necessary in order to protect the investing public from trading in the securities of entities with no information regarding their financial status.

  1. INVESTMENT AND ALLIED ASSURANCE
  2. GOLDLINK INSURANCE PLC
  3. PINNACLE POINT GROUP PLC
  4. ADSWITCH PLC.
  5. AFROIL PLC
  6. ROKANA INDUSTRIES PLC.
  7. IPWA PLC
  8. W A GLASS IND. PLC.
  9. NIGERIAN WIRE AND CABLE PLC.
  10. STARCOMMS PLC
  11. DAAR COMMUNICATIONS PLC
  12. MTECH COMMUNICATIONS PLC
  13. BIG TREAT PLC
  14. G CAPPA PLC
  15. FTN COCOA PROCESSORS PLC
  16. U T C NIG. PLC.

Further to the approval of Council, The Exchange has also decided to delist the following entities who failed to regularise their listing status being given time to do so :

  1. STOKVIS NIG PLC.
  2. NIG SEW. MACH. MAN. CO. PLC.
  3. JOS INT. BREWERIES PLC.
  4. CAPITAL OIL PLC
  5. GOLDEN GUINEA PLC