25th August 2017 9:20AM/ NSE
Paints and Coatings Manufacturers Nigeria Plc (“Paints
and Coatings’’ or “the Company”) has through its Stockbroker; Meristem
Securities Limited submitted an application for a Scheme of Arrangement between
the Company and holders of its fully paid up ordinary shares of 50k each.
The Scheme will lead to the delisting of the entire shares
of Paints and Coatings Manufacturers Nigeria Plc from The Daily Official List
of The Exchange.