UAC of Nigeria PLC wishes to inform the Nigerian Stock Exchange that there was an unfortunate fire incident today ac UAC House, Lagos, our Corporate Head Office, which also houses the Head office of our Real Estate subsidiary, UACN Property Development Company PLC and other tenants.
The fire which started on the 10th floor of the building occupied by our tenants was contained after a while by the combined efforts of Government Fire Service, those of neighboring Companies and our people. Thankfully no life was lost in the incident, although a lot of damage was done to the furniture and fittings of the affected tenants.
We have activated our Disaster recovery programme and reported the incident to our Insurers. We are cleaning the offices which were flooded in the process of putting out the fire and working on restoring the facilities.