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Oando Gives Holding Response on SEC’s Directive to NSE to Suspend Trading of Its Shares

Proshare

Wednesday, 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 as possible. 

The Company remains committed to act in the best interests of all its shareholders. 

Proshare Nigeria Pvt. Ltd.

Related Links
1.       Oando Plc IR Page
2.       NSE Suspends Trading in the Shares of Oando Plc on SEC Directive – NSE Release
3.       Circular to the General Public on Oando Plc – SEC Release
4.      Oando Plc - Suspension of Trading – Oando’s Official Statement 

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