CSI Guide
NGX Compliance Status Indicators (CSI) flag companies with regulatory or governance concerns. Here's what each code means in plain English.
The company missed a required disclosure or filing with NGX.
Late filings can hide governance issues and reduce transparency for investors.
The company is failing one or more of NGX's listing requirements.
Sustained non-compliance can lead to suspension or delisting.
NGX has placed the company on a watch-list for potential delisting.
Shares may become illiquid or hard to sell if delisting proceeds.
Delisting proceedings have been initiated against the company.
Trading restrictions or delisting can result in losses.
A pending corporate action or filing is awaiting regulator sign-off.
Outcome may materially change company structure or disclosures.
The company is undergoing a formal restructuring process.
Restructuring can affect share value, debt, and governance.
Annual accounts have not met NGX standards or are overdue.
Investors may not have current financial visibility.
Free-float of shares is below NGX's required minimum.
Low float can mean low liquidity and concentrated control.
Company is in breach of one or more regulatory requirements.
Active breaches signal weak governance controls.
A required regulatory submission was not made on time.
Pattern of missed submissions can lead to enforcement action.
The company is below NGX's minimum requirements for listed status.
Likely precursor to suspension or delisting if uncorrected.