UPDC — UPDC Disclosures

Here's a summary of the UPDC Plc financial highlights and key notes for the period ended 31 March 2026: **FINANCIAL HIGHLIGHTS:** * **PAT:** ₦0.403 billion (24% decrease YoY) * **EPS:** ₦0.02 * **Equity:** ₦10.178 billion * **Shares:** 18,559.970 million **KEY NOTES:** * Revenue for the period increased by 22% to ₦2.660 billion. * The company's free float percentage is 4.89% as at 31 March 2026, which does not meet the Nigerian Exchange Group's requirements for companies listed on the Main Board. Steps are being taken to resolve this. * The company is involved in 17 cases as a defendant with claims estimated at ₦4.3 billion, and 1 case as a plaintiff with claims of ₦22.8 million. Directors believe these cases are unlikely to have a material adverse effect on the financial statements.