The Nigerian Stock Exchange as announced the full suspension of trading in the shares of Newrest ASL Plc from the Daily Official List.
According to the statement made available on the website of the Nigerian Stock Exchange, the Exchange stated thus:
“Further to the Market Bulletin of 19 February 2019, with reference number: NSE/RD/LRD/MB14/19/2/19, wherein the market was notified of the application filed by Newrest ASL Nigeria Plc (Newrest ASL or the Company) for voluntary delisting of the entire 634,000,000 ordinary shares of the Company from the Daily Official List of The Exchange, Dealing Members are hereby notified that further to The Exchange’s approval of the application for voluntary delisting of the Company, the shares of Newrest ASL were today, Wednesday, 27 February2019 placed on full suspension.
This suspension is required to prevent further trading in the shares of Newrest ASL, and in order for the Company to comply with the post-approval requirements which will precede the final delisting of the Company from the Daily Official List of The Exchange. Dealing Members will be notified of the date of the Company’s delisting in due course.”