Oando shares placed on technical suspension effective Oct. 23

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Dealing Members are referred to our market bulletins of Wednesday, 18 October 2017
(NSE/LARD/LRD/MB05/17/10/18) notifying them that effective Friday, 20 October 2017 and until further directive, the shares of Oando Plc (“Oando” or “the Company”) will be placed on technical suspension;  and that of Friday, 20 October 2017 (NSE/LARD/LRD/MB07/17/10/20) informing them that the shares of Oando were still on full suspension as the process of converting from full to
technical suspension was yet to be completed.
Please be informed that effective today, Monday, 23 October 2017; the shares of Oando Plc have been placed on technical suspension.
Thus, the shares will be available for trading but there will be no price mov ement while the technical suspension subsists.
The above is for your information and records update please
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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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