RAKUNITY Notifies Board Meeting Date and Commencement of Closed Period


Tuesday, March 16, 2021 / 8:38PM / NSE / Header Image Credit: RAK Unity Petroleum

Notice is hereby given that that the 32nd meeting of the Board of Directors of RAK Unity Petroleum Company PLC ("RAK Unity") will be held on Friday, 26th March 2021 to consider, amongst other things, the full year result of the Company and a recommendation to the shareholders to windup the Company.

Venue: Block 5, Water Corporation Road, Ijora G.R.A Lagos

Time: 1.00 pm

In compliance with The Nigerian Stock Exchange's post listings requirements, RAK Unity hereby declares the commencement of a closed period for trading in its shares from 13th March 2021 until 24 hours after the Company's result for the year ended 31st December 2020 is released to the public.

Consequently, no Director, persons discharging managerial responsibilities, Audit Committee Members, Advisers, Consultants and Employees, with insider information or their connected persons shall deal directly or indirectly in the securities of RAK Unity during this closed period.

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Graph - One Year Share Price Movement

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Table:  Q3 2020 Unaudited Results

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