October 18, 2017/ 6:05PM / NSE
The Company (“the Company” or “Oando”)
has received communication from the Nigerian Stock Exchange (NSE) that the
Securities and Exchange Commission (SEC) have issued a directive to immediately
suspend the trading of Oando shares, a directive to which the NSE has complied.
The Company is currently
reviewing subsequent correspondence received today October 18, 2017 from the
NSE and SEC and will provide a full statement of the Company’s position as soon
The Company remains committed
to act in the best interests of all its shareholders.