Lagos, Nigeria – Pursuant to the directive of the Nigerian Exchange Limited (NGX), this is to update Oando PLC’s (referred to as “Oando” or the “Company”) shareholders and stakeholders of the delay in the release of the results for the twelve months ended December 31, 2020 (2020 Audited Financial Statements) as well as Q1 – Q4 2021 Management Accounts.
In accordance with Regulatory guidelines the Audited Financial Statements have been reviewed and approved by the Oando Board of Directors and will be filed with the Financial Reporting Council of Nigeria (FRCN) for a final review and approval to publish.
We hope to be in a position to publish the accounts by Friday, March 24 2023 subject to final regulatory approval of the Audited Financial Statements.
Oando PLC apologizes for any inconvenience caused and will update the market in due course.
Ends.
For further information, please contact:
Ayotola Jagun
Company Secretary
The Wings Office Complex
17a Ozumba Mbadiwe Avenue
Victoria Island,
Lagos, Nigeria.
Tel: +234 (1) 270400, Ext 6159
Alero Balogun
Head, Corporate Communications
The Wings Office Complex
17a Ozumba Mbadiwe Avenue
Victoria Island,
Lagos, Nigeria.
Tel: +234 (1) 270400, ext. 6761
For: Oando PLC
Ayotola Jagun
Chief Compliance Officer & Company Secretary