Prestige Assurance Plc has announced that its Board of Directors will meet later this month to deliberate on the company’s unaudited financial performance for the fourth quarter of 2025.
In a notification to the Nigerian Exchange Limited (NGX) on Thursday, addressed to shareholders and the investing public, the Company Secretary, Chidinma Ibe-Louis, disclosed that the meeting is scheduled to be held in Lagos.
“Prestige Assurance Pic (the Company) wishes to inform Nigerian Exchange Limited (NGX), its shareholders and the investing public that a meeting of the Board of Directors of the Company will be held at No. 19, Ligali Ayorinde Street, Victoria Island, Lagos, on Wednesday, 28 January 2026, to consider the Unaudited Financial Statements for the period ending 31 December 2025 (2025, Q4 UFS),” the statement read.
The company also announced the commencement of a closed period in line with NGX regulations, barring insiders from trading in its shares ahead of the release of its financial results.
“In compliance with the provisions of the Rulebook of the Exchange, 2015 (Issuers’ Rule) as amended, the Company shall commence its Closed Period from Thursday, 1 January 2026, until twenty-four (24) hours after the 2025 Q4 UFS and Audited Financial Statements for the year ending 31 December 2025 (AFS 2025) have been released to the public,” Ibe-Louis stated.
The company emphasised that the restriction applies strictly to all insiders and related parties.
“Sequel to the foregoing, no insider of the Company and their connected persons may directly or indirectly deal in the securities of the Company during the Closed Period,” the statement added.
Prestige Assurance Plc said the measure is aimed at ensuring transparency, market integrity, and compliance with regulatory requirements ahead of the publication of its financial statements.
News.ng reports that the insurance firm ended trading on Thursday, December 18, 2025, at ₦1.62 per share on the Nigerian Exchange (NGX), reflecting a 1.8 per cent decline from its previous closing price of ₦1.65.
Despite the slight dip, the insurer has delivered a solid performance over the year. The stock opened in 2025 at ₦1.21 and has since recorded a 33.9 per cent year-to-date gain, placing it 88th on the NGX performance ranking.
Investor sentiment has also remained positive in the short term, as PRESTIGE has appreciated by 9 per cent over the last four weeks, making it the 31st best-performing stock on the Exchange within that period.
