Nigeria's leading finance and market intelligence news report.

First Aluminium shares for suspension ahead voluntary delisting

First Aluminium shares for suspension ahead voluntary delisting
0

Trading on the shares of First Aluminium Nigeria Plc will be suspended tomorrow, Wednesday May 15, 2019 in preparation to the voluntary delisting of its entire Issued Share Capital from the Daily Official List of The Exchange.

This was solicited by Asset Limited on behalf of First Aluminium. In view of the above, the Nigerian Stock Exchange (NSE) in a May 13 notice signed by Godstime Iwenekhai, Head, Listings Regulation Department said Dealing Members will be notified of further developments regarding the delisting of the Company.

First Aluminium Nigeria plc, often referred to as FAN. FAN started with the production of aluminium sheets and has introduced aluminium roofing in Nigeria. The Company took its present name First Aluminium Nigeria Plc in 1991 and became quoted on the Nigerian Stock Exchange in 1992.5.

 

Iheanyi Nwachukwu

Leave A Reply

Your email address will not be published.