Shareholders of Arbico Plc has approved the voluntary delisting of the issued and fully paid- up ordinary shares of ARBICO Plc from the Nigerian Exchange Limited.
In a notice to the NGX, the company stated thus:
“Notice is hereby given that an Extraordinary General Meeting of ARBICO Plc is scheduled to hold on Thursday, 21s t March 2024 at Park Inn by Radisson, 1 Ibrahim Babangida Boulevard, Kuto Abeokuta at 11: 00am to transact the following business:
To consider and if thought fit, to pass the following, with or without modification as special resolution of the Company:
a. That subject to obtaining the relevant regulatory approvals and compliance with all applicable regulatory requirements, the shareholders hereby approve the voluntary delisting of the issued and fully paid- up ordinary shares of ARBICO Plc from the Nigerian Exchange Limited.
b. To consider and if thought fit, to pass the following, with or without modification as ordinary resolution of the Company: a. Consequent upon the approval of the voluntary delisting, the Registrars will remit the Scheme Consideration to all shareholders of the Company, pursuant to the decision of the Court- Ordered Meeting and the subsequent sanction by the Federal High Court”