Total Nigeria Board Meets May 13th, Closed Period Starts May 4.
OMOTAYO ARAOYE
Total Nigeria Plc has notified the Nigerian Stock Exchange (NSE) and the investing public that its board would meet Wednesday, May 13 while its closed period start Monday, May 4th.
The meeting is slated majorly to consider the Company’s Audited Financial Statements for the year ended 31st December, 2019.
This was according to a statement signed by the Company Secretary, Bunmi Popoola-Mordi.
The company stated that the closed period would last for 24 hours and be opened after the Audited Accounts for 2019 is released to the public.
Total said, “In line with the post-listing requirements of The Nigerian Stock Exchange the Company will commence a closed period for trading in the Company’s shares from 4th May, 2020 until 24 hours after the Audited Accounts for 2019 is released to the public”.
Noting that, “No Director, employee, person discharging managerial responsibilities and adviser of the Company and their connected persons may directly or indirectly deal in the shares of the Company in any manner during the closed period”.
Total Nigeria Plc is a Marketing and Services subsidiary of Total; a multinational energy company operating in more than 130 countries and committed to providing sustainable products and services for its customers.
The company has over 50 years remained the leader in the downstream sector of the Nigerian oil and gas industry with an extensive distribution network of over 500 service stations nationwide and a wide range of top quality energy products and services.
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