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Last --
Change Today 0.00 / 0.00%
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AFROIL On Other Exchanges
Symbol
Exchange
All times are local (Market data is delayed by at least 15 minutes).

afroil plc (AFROIL) Snapshot

Open
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Previous Close
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52 Week High
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52 Week Low
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Market Cap
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Average Volume 10 Days
0.0
EPS TTM
-0.05
Shares Outstanding
125.5M
EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for AFROIL PLC (AFROIL)

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afroil plc (AFROIL) Details

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afroil plc (AFROIL) Key Developments

Nigerian Stock Exchange Proceeds To Delist Afroil Plc

On June 23, 2014, The Nigerian Stock Exchange published a notice of its intention to delist Afroil Plc from its Daily Official List, arising from its non-compliance with provisions of the Listings Rules of The Exchange and pursuant to Clause 15 of the General Undertaking. The notice provided a 3 month window for the affected listed companies to regularize its listing status with The Exchange. Subsequently, a final delisting notice was published on October 14, 2014. The company failed to take any/or appropriate steps to regularize its listing status. Therefore, The Exchange has proceeded to delist it, effective November 24, 2014.

Nigerian Stock Exchange To Delist Afroil Plc

The Nigerian Stock Exchange (NSE) has announced that it will delist Afroil Plc from its daily official in November 2014. The Nigerian bourse said that some of the companies listed on the Exchange do not adhere to post listing rule. According to the NSE, on June 23, 2014, it published a notice of its intention to delist 24 listed companies from the Daily Official List (DOL) arising from their non-compliance with provisions of the Listings Rules of the exchange and pursuant to Clause 15 of the General Undertaking. The NSE said the notice provided a three-month window for each of the affected listed companies to regularize its listing status with the Nigerian bourse. The NSE affirmed that the company has failed to take any/or appropriate steps to regularize their listing status. It pledged that it would proceed with the delisting process for the company after one month of this notice unless they take appropriate steps to effect compliance with their post listing obligations. The Exchange further affirmed that it will continue to engage the company that has taken steps towards regularizing its listing status with a view to bringing them into compliance with their post listing obligations.

 

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