Issued: March 18, 2021
Lagos, Nigeria

Outcome of The Meeting of Directors

This is to announce that at the meeting of the Board of Directors held on March 18 2021, the Board approved the Audited Financial Statements of the Company for the year ended December 31 2020. The Audited Financial Statements will be filed with the NSE on or before March 31 2021.
 
At this meeting, the Board also approved the recommendation of a dividend of N16.00 to the shareholders at the forthcoming Annual General Meeting. The date of the Annual General Meeting will be announced shortly.
 
Pursuant to this, the Closed Period will continue until 24 hours after the audited financial statements are published.
 
The Closed Period is applicable to all parties that may at any time possess sensitive information that may materially affect the price of the securities of the Company.

Signed:

Edward Imoedemhe
Deputy Company Secretary