Exchange clears Goldlink, gives clean bill of health

Nigerian Stock Exchange has given a clean bill of health to Goldlink Insurance plc following a quick response from its Management to the warning list issued by The Exchange to delist some companies from the NSE in which Goldlink was mentioned.

This was contained in a recent statement by the NSE on its website which totally cleared Goldlink from the list of companies to be delisted.

“It will be recalled that NSE posted a list of companies to be delisted on its website in September last year and Goldlink was mentioned, but following management’s response we have been cleared,” the Company said.

The Exchange stated that 19 companies are currently regularising their books with the NSE to avoid being delisted.

According to NSE, other listed companies that failed to take any/or appropriate steps to regularise their books have been delisted from the Stock Exchange following the expiration of the deadline it gave before taking the final decision.

Goldlink Insurance plc has reassured its shareholders of its commitment to secure their investments in the company.

According to Gbolahan Olutayo, the managing director/CEO, quantifiable measures are in place to ensure that all requirements of statutory compliance are adhered to.

Olutayo disclosed that all hands are on deck to ensure better returns on the investment of shareholders. He stated that the National Insurance Commission (NAICOM), has addressed all challenges confronted by Goldlink in the past.

He reassured the shareholders that plans are in place to acquaint them with progressive reports of efforts made so far to reposition the company for effective service and better returns on their investments.