Transcorp Hotels Plc has notified the market that its Board of Directors will convene on Thursday, January 29, 2026, to deliberate on key corporate matters, including the company’s audited financial results for the year ended December 31, 2025, and a proposed dividend payout.
In a formal disclosure to Nigerian Exchange Limited, the hospitality company said the meeting would focus on the approval of its full-year 2025 audited financial statements and consideration of a dividend recommendation for shareholders.
The notification forms part of the company’s regulatory obligations to keep shareholders and the investing public informed of material board decisions ahead of their release to the market.
Transcorp Hotels also reaffirmed that its closed period, which commenced on January 1, 2026, remains in force in line with NGX listing rules.
The restriction applies to all directors, senior management, and other insiders, prohibiting trading in the company’s shares until at least 24 hours after the audited 2025 financial statements are officially released to the Exchange and the public.
The closed period is designed to prevent insider dealing and ensure a level playing field for all investors ahead of the publication of price-sensitive information.
Market participants will be closely watching the outcome of the board meeting, particularly the company’s earnings performance for the 2025 financial year and the size of any dividend declaration.
The results are expected to provide insight into operating performance, cash flow strength, and management’s outlook amid ongoing adjustments in Nigeria’s hospitality and tourism sector.
Transcorp Hotels Plc operates from its registered office in Abuja and is part of the broader Transcorp Group.
The company’s board is chaired by Dr. Awele Elumelu, OFR, with Uzo Oshogwe serving as Managing Director and Chief Executive Officer.
Further announcements are expected following the conclusion of the board meeting and the formal filing of the audited accounts with the Exchange.