Tuesday, October 29,
2019 / 5:05 PM / By
Investment-One Research / Header
Image Credit: Dangote Flour Mills Plc
Nigerian Stock Exchange (NSE) has notified the market that trading on the
shares of Dangote Flour Mills (DFM) Plc has been placed on full suspension
effective Monday, 28 October 2019.
The suspension is imperative to prevent trading in the shares of the Company beyond the Effective Date of the Scheme of Arrangement for Crown Flour Mills Limited to acquire the entire issued and fully paid ordinary shares of 50 kobo each in DFM held by Scheme Shareholders, subsequent to which the Company would be delisted from the Main Board of the NSE.
One Year Share Price Movement