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NSE Places 7-Up Bottling Company Plc Shares on Full Suspension

Proshare

Monday, January 12, 2018 /9:30 AM /NSE

Dealing Members are hereby notified that trading in the shares of 7-Up Bottling Company Plc. has been placed on full suspension on The Nigerian Stock Exchange (“The Exchange”) with effect from today, 12 January 2018.
 

The suspension is for the purpose of determining the shareholders who will qualify to receive the Scheme consideration following the decision of the company’s majority shareholder, Affelka S.A (“Affelka”), to acquire all outstanding and issued shares of 7-Up Bottling Company Plc. that are not currently owned by Affelka.
 

The company’s shareholders passed a resolution to this effect at the Court Ordered Meeting of the company held on Thursday, 11 January 2018. The Scheme will result in the voluntarily delisting of 7-Up Bottling Company Plc. from the Daily Official List of The Exchange
.
 

Proshare Nigeria Pvt. Ltd.

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