OKOMU Oil Palm Company Plc (Okomu Oil or the Company) wishes to notify The Nigerian Stock Exchange and the investing public that as scheduled, the Meeting of the Board of Directors of the Company, held at the Okomu Oil Palm Company Plc premises, Benin City, Edo State.
At that meeting the Board approved the Audited Financial Statements of the Company for the year ended 31 December 2019. The Board also considered and approved the payment of a dividend subject to the approval by members at the 40th Annual General Meeting of the Company which will be held on the 18th June, 2020. The audited financial statements will be filed with The Exchange on or before March 30, 2020.
Consequently, the closed period restricting all Directors and insiders from transacting in the Shares of the Company remain in place until 24 hours after the release of the financial statements to the public.
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Graph - One Year Share Price Movement
Table: Audited 2019 Results