Regency Alliance Insurance Plc has announced that its Board of Directors will convene on October 28, 2025, to review and approve the company’s third-quarter financial performance, triggering a mandatory closed trading period for company insiders.
The announcement was made by Anu Shobo, Company Secretary of Regency Alliance Insurance, in a notice to the Nigerian Exchange Limited (NGX) on Friday.
“In compliance with the provisions of the Listing rules of Nigerian Exchange Limited (NGX), notice is hereby given that a meeting of the Board of Directors of Regency Alliance Insurance Plc (the Company) will be held on Tuesday, the 28th day of October 2025,” Shobo stated.
The primary focus of the upcoming board meeting will be the company’s financial performance for the quarter ending September 30, 2025.
“The Meeting will, amongst other issues, consider and approve the Company’s Unaudited Financial Statements for the third quarter ended 30th September 2025 (2025 Q3 UFS),” Shobo said in the official notice.
The Q3 results will provide investors and stakeholders with insight into Regency Alliance Insurance’s performance during a period marked by evolving market conditions in Nigeria’s insurance sector.
In accordance with NGX listing requirements, the company has implemented a closed trading period that restricts certain parties from trading in Regency Alliance Insurance shares.
“In compliance with the listing rules of the NGX, the closed period for trading in the shares of the Company commenced on 1st October 2025 and will continue until 24 hours after the Q3 2025 UFS is filed via the Exchange’s Issuers’ Portal,” Shobo explained.
The Company Secretary emphasised the scope of the trading restrictions, stating: “Therefore, no Insiders of the Company or persons closely related to them may directly or indirectly deal in the shares of the Company until twenty (24) hours after the 2025 Q3 UFS is released to NGX and the general public.”
The closed trading period, which began on October 1, 2025, is a standard regulatory measure designed to prevent insider trading and ensure market integrity. It prohibits company insiders—including directors, senior management, and their close associates—from buying or selling shares until financial information has been made publicly available and the market has had time to digest the results.
The restriction will remain in force until 24 hours after the unaudited financial statements are officially filed through the NGX’s Issuers’ Portal and released to the public, ensuring all market participants have equal access to material information.
Regency Alliance Insurance’s Q3 2025 results are expected to be released shortly after the October 28 board meeting, following standard filing procedures with the exchange.
The insurance company operates in Nigeria’s competitive insurance market, providing various insurance products and services to individual and corporate clients across the country.
