Nestle Nigeria Closed Period and Board Meeting Notice

Nestle Nigeria Plc (NGX: NESTLE) has notified the Nigerian Exchange Group of the commencement of a closed period coinciding with a scheduled board meeting. The filing, submitted on September 28, 2026, is a regulatory disclosure in line with NGX Rules and the Securities and Exchange Commission's regulations governing insider trading and fair disclosure.

During a closed period, directors, employees, and other insiders connected to Nestle Nigeria are restricted from dealing in the company's shares. This practice is standard procedure under Nigerian capital markets rules and is typically observed ahead of board meetings at which price-sensitive information — such as financial results or dividend decisions — may be considered.

The notification does not disclose the specific date of the board meeting, the agenda items to be considered, or any financial figures. It serves primarily as a formal communication to the market that the closed period is in effect. Nestle Nigeria is a subsidiary of the global Nestlé group and is listed on the Nigerian Exchange, where it operates in the food and beverage sector.