The Nigerian Exchange Limited has announced that it has suspended trading in the shares of integrated oil & gas offshore support vessel services company, Global Spectrum Energy Services Plc.
According to NGX, “The suspension is necessary to prevent trading in the shares of the company in preparation for the delisting of the securities of the company in line with the approval obtained from Nigerian Exchange Limited”
In a notice signed by the company’s secretary, Adetola Raheem, in 2022, Global Spectrum Energy Services Plc said that the decision to delist from the Nigerian capital market was made during a meeting of the its board of directors.
Afterwards, the company’s board of directors recommended voluntary delisting in a written resolution dated March 24, 2022.