Oando PLC’s Official Statement on the SEC’s Directive to The NSE to Suspend Trading of Its Shares

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The Company (“the Company” or “Oando”) has received communication from the Nigerian Stock Exchange (NSE) that the Securities and Exchange Commission (SEC) have issued a directive to immediately suspend the trading of Oando shares, a directive to which the NSE has complied.

 

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The Company is currently reviewing subsequent correspondence received today October 18, 2017 from the NSE and SEC and will provide a full statement of the Company’s position as soon as possible.

 

The Company remains committed to act in the best interests of all its shareholders.