LivingTrust Mortgage Bank gets financial reports deadline extension

Mortgage financial institution, LivingTrust Mortgage Bank Plc has applied for and secured the extension of time within which to file and publish its 2024 Audited Financial Statements.

This was disclosed in a statement filed with the Nigerian Exchange Limited signed by its acting company secretary, Dorcas Ajayi, on Thursday.

The bank said, “This is to notify the Nigerian Exchange Limited and members of the public, particularly the shareholders of LivingTrust Mortgage Bank Plc that the Bank has applied for an extension of time within which to file and publish its 2024 Audited Financial Statements and has received the approval of the NGX Regulations Limited to file and publish same on or before the 30th of April, 2025.

“The extension of time for publication of accounts became unavoidable, as the newly reconstituted Board of the Bank was approved by the Regulator towards the end of March 2025. The extension would allow the new board to review the accounts, transmit same to the Regulator for approval and thereafter, publish the accounts.

“The bank looks forward to filing and publishing the 2024 Audited Financial Statements on or before April 30, 2025. We thank our esteemed shareholders and the public for their sustained interest in our bank.”

The bank announced the appointment of new board members, whose appointments take effect from March 21, 2025.

The new directors include Timothy Gbadeyan – Executive Director, Dr. Gbadebo Ayinde – Executive Director, Olusola Ogungbile – Non-Executive Director, Adeola Olajide – Non-Executive Director, Olanrewaju Afolabi – Non-Executive Director, Adedoyin Amosun – Independent Non-Executive Director, Dr. Kamaldeen Adekilekun – Independent Non-Executive Director and Michael Omolaja – Independent Non-Executive Director.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: [email protected]