Lafarge moves to conclude terms of Rights Issue

The Board of Directors of Lafarge Africa Plc has said they will be meeting on Tuesday, 26th, September to consider the terms of its Rights Issue in an Extra Ordinary Board Meeting.

The cement producing firm in a notice filed with the Nigerian Stock Exchange (NSE) on Friday, September 22, 2017, also said it has commenced a closed period, which started on Wednesday, September 20, 2017.

The notice signed by Mrs Edith Onwuchekwa, the Company Secretary and Legal Director for Lafarge noted that the closed period will end on Wednesday, September 27, 2017.

“We write sequel to our notice of an Extra-Ordinary Board Meeting scheduled for Tuesday, September 26, 2017, to consider the terms of the Rights Issue.

“In compliance with Rules 17.17 (b) (3) and 17.18 (b), this is to formally notify you that Lafarge Africa Plc’s closed period commenced September 20 , 2017, and will end on September 27, 2017.

“Members of the board have equally been notified of the close period,” the statement said.

Afolabi Adesola