MRS Notifies of Change in the Company’s Brand

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Wednesday, July 3, 2019 12:30PM / NSE

 

In line with the listing requirements of The Nigerian Stock Exchange (The Exchange), Notice is hereby given that the Board of Directors of MRS Oil Nigeria Plc (the Company), approved the change in the brand of the Company from a predominately white background with burgundy and yellow, to a predominantly grey background with burgundy and yellow. Our lubricant packages will also change to reflect the global MRS brand and will be introduced following its launch, into the market.

The change in the Company’s brand is as a result of the Board’s decision to review the Company’s business strategy and restructure certain segments of the business.

Please find below a picturesque representation of the brand

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Graph 1: MRS Oil Nigeria Plc – One Year Share Price Movement

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