… to seek shareholders’ approval for additional N250bn capital
The NGX Regulation Limited has sanctioned Haldane McCall Plc for insider dealing in shares during closed period.
A “closed period” in the context of financial markets refers to a specific timeframe when trading of a company’s stock or other securities is restricted, particularly for insiders and their connected persons. This period is usually triggered before the release of any price-sensitive information, like financial results or major announcements.