Forte Oil Board approves 2015 accounts - N5.8bn PAT, N3.45k Div

Proshare

Thursday, January 28, 2016 7:12 PM /NSE


The Board of Directors of Forte Oil Plc during the meeting held today, January 28, 2016, passed the following resolutions:


    1.       Approved the 2015 Audited Financial Statements and Accounts.

    2.      Approved a dividend payment at the rate of Three Naira, Forty Five Kobo Only (N3.45K) per share subject to the approval of shareholders and the appropriate withholding tax deduction.

3.      That the approved dividend payment will apply to the bonus shares to be issued to eligible shareholders.



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