NGX Lifts Suspension Placed on Trading in the Shares of International Energy Insurance Plc
We refer to our Market Bulletin dated 11 July 2023 with Reference Number: NGXREG/LRD/MB26/23/07/11 wherein we notified Trading License Holders and the investing public of the suspension in the trading on the securities of International Energy Insurance Plc (IEI or the Company) for non-compliance with the provisions of Rule 3.1: Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) (Default Filing Rules), which provides that:
“If an Issuer fails to file the relevant accounts by the expiration of the Cure Period1, The Exchange will:
a) Send to the Issuer a “Second Filing Deficiency Notification” within two (2) business days after the end of the Cure Period;
b) Suspend trading in the Issuer’s securities; and
c) Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension.”
IEI, whose securities were suspended on 11 July 2023, has now filed its outstanding financial accounts.
International Energy Insurance Plc Declares N76.71m Loss in Q2 2022 Unaudited Results, (SP: N0.38k)
Dec 29, 2022 • by NGX • Source: NGX Group • 
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International Energy Insurance Plc released its Q2 2022 Unaudited results for the period ended June 30th, 2022.
Key Highlights
- Revenue grew by 37.3% from N302m to N415m
- Loss before tax stood at N74m
- Loss after tax stood at N77m
- Share Price Currently Stands at N0.38k
