GOIL, ESLA yet to file Q3 unaudited financial reports

The Ghana Stock Exchange (GSE) has extended the dates for the filing of unaudited financial statements of two listed companies.

They are ESLA PLc and GOIL Company Limited.

The statement from the GSE said E.S.L.A PLC has November 7, to file while GOIL Company Limited PLC has up to November 15, to do the same.

A release from the stock market to the investing public said the two listed companies “have been granted extension for the submission of their unaudited financial statements for the period ended September 30, 2022,”.

More about companies

E.S.L.A. PLC –  This is a Special Purpose Vehicle (SPV) incorporated as a public limited liability company to issue long-term bonds to resolve energy sector debts due to banks and trade creditors.

The securities issued are backed by a component of the Energy Sector Levy Act (ESLA) receivables which have been assigned to the company for the settlement of coupons and principal repayments arising under the securities that are issued.

GOIL Company Limited (GOIL) – The company succeeded the marketing outfit of AGIP PETROLI, a subsidiary of which was established in Ghana in 1960. In 1974, the Government of Ghana acquired 100 percent shares and changed the name to Ghana Oil Company Limited.

In 2019, the Company changed its name to GOIL Company Limited, to reflect its growth and expanded activities/ventures in the petroleum sector and other industries.