NGX RegCo Halts Sterling Financial Holdings Shares Trading
The Nigerian Exchange Regulation Limited (NGX RegCo) has announced the suspension of trading in the shares of Sterling Financial Holdings Company Plc. This action was taken to allow for the reconciliation of the company's reconstructed equities.
The notice regarding the suspension was signed by Bonaventure Onwuji, representing the Head of the Issuer Regulation Department. The suspension is aimed at preventing transactions in Sterling Holdings' shares while the reconciliation process is underway.
The company's registrars and the Central Securities and Clearing System Plc (CSCS) are collaborating to reconcile their records, which is essential for establishing the shareholders entitled to receive the reconstructed shares. The suspension took effect on Wednesday, September 23, 2026, and is expected to ensure that all relevant records are properly aligned before trading can resume.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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