Oando Board Meets to Consider 2017 Financial Results

By Dipo Olowookere

The board of directors of Oando Plc will be meeting on Tuesday, March 27, 2018, the energy firm has disclosed.

The meeting is mainly to consider the financial statements of the leading oil company for the period ended December 31, 2017.

“This is to inform the public and our stakeholders that the Board of Directors of Oando Plc will be meeting to consider the 2017 Audited Financial Statements of Oando Plc on Tuesday, March 27, 2018,” a statement signed by Ayotola Jagun, Chief Compliance Officer of the firm said.

Consequently, in compliance with the Nigerian Stock Exchange (NSE) Rule Book and the Amendments to the Listing Rules, Oando is announcing the continuation of its closed period for trading in its securities.

As result, no director, employee, person discharging managerial duties, adviser and consultant of the Oando and their connected persons may, directly or indirectly, deal in the shares of the firm during the closed period until 24 hours have elapsed after the release of the 2017 Audited Financial Statements on the local bourse.