FO Announces Resignation and Appointment of the Chief Executive Officer and CFO

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Friday, June 21, 2019 05:40PM / NSE / Header Image Credit: Forte Oil

 

Forte Oil Plc (the Company) hereby notifies the Nigerian Stock Exchange (NSE), its shareholders and other stakeholders of the Company of the following:

  1. The resignation of Mr. Akin Akinfemiwa and Mr. Julius Omodayo-Owotuga as Chief Executive Officer and Chief Financial Officer of the Company, respectively.
  2. The appointment of Mr. Olumide Adeosun and Mr. Moshood Olajide as Chief Executive Officer and Chief Financial Officer of the Company, respectively. The appointments are with immediate effect.

 

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Graph 1: Forte Oil Plc – One Year Share Price Movement


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Table: Unaudited Q1 2019 Results

 

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