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Mergers & Acquisitions | |
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Thursday,
January 09, 2020 / 6:43 PM / NSE / Header Image Credit: The Nigerian Stock Exchange
Further
to our Market
Bulletin of 24 December 2019, with reference number: NSE/RD/LRD/MB74/19/12/24,
wherein the market was notified of the suspension placed on the trading in the
shares of CCNN following the Court's Sanction of the Scheme of Merger
(Scheme) between CCNN and OBUCement (now BUA Cement Plc), please be informed
that the Scheme has been concluded.
Consequently,
the entire 13,143,500,966 ordinary shares of CCNN was
delisted from the Daily Official List of The Nigerian Stock Exchange (The
Exchange) today, Thursday, 9 January 2020, while the entire
33,864,354,060 ordinary shares of 50 kobo each of BUA Cement
Plc (Formerly OBU Cement) were listed today, Thursday, 9 January 2020.
Please
note that following The Exchange's receipt of regulatory evidence of the change
of name of OBUCement to BUA Cement Plc, the Company was listed as "BUA Cement
Plc". The trading Symbol is BUACEMENT.
Year Share Price Movement -CCNN
Results Table - Q3 2019
Related News
1.
NSE
Places Full Suspension on Trading on the Shares of Cement Company of Northern
Nigeria Plc
2.
CCNN and Obu
Cement Merger Update: Excerpts From The Scheme Of Merger
3.
CCNN
Notifies Of Court Ordered Meeting
4.
CCNN
And Obu Cement Company Exploring A Merger of Both Entities
5.
CCNN Plc
Notifies of Closed Period For Q3 2019
6.
CCNN Plc Records
Mixed Performance In Revenue and Declining PBT Margin in Q2 2019 Results
7.
CCNN Declares
N7.28bn PAT in Q2 2019 Results,(SP: N11.60k)
8.
CCNN Notifies of
the Company's Board Meeting and Closed Period
9.
TOURIST, CCNN
and 21 Others Have Free Float Deficiencies
10.
CCNN Notifies of
the 40th Annual General Meeting of the Company
11.
CCNN, BUA Cement
wins EMEA Finance Award
12. Nigeria's Cement
Market Battles: CCNN in Focus
13.
CCNN Declares
N3.64bn PAT in Q1 2019 Results,(SP: N17.00k)