11 Plc (Mobil) to delist voluntarily from NSE

The Board of 11 Plc (formerly Mobil) in a notification of the outcome of its 42nd Annual General Meeting to the NSE revealed that its shareholders have approved the company’s proposal to voluntarily delist from the Nigerian Stock Exchange.

The shareholders also approved the transfer of the real estate portfolio of the oil company to a wholly owned subsidiary, 11 Hospitality Limited.

The meeting also approved N8.25 as dividend for 2019 year end, which amounts to N2.975 billion.

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