The Shareholders of AshakaCem Plc (“AshakaCem” or the Company”) and the
general public are hereby formally notified that the Company has been Voluntarily
Delisted from the Daily Official list of the Nigerian Stock Exchange effective July
4, 2017.
The application for the Voluntary
Delisting of AshakaCem was approved on May 25, 2017 by The Quotation Committee of the National Council of the Nigerian
Stock Exchange (“QCN”).
Following the Voluntary
Delisting, the former Shareholders of AshakaCem who have exercised the option to
exit the Company prior to the delisting will receive, as agreed at the
Extra-ordinary General Meeting held on December 9, 2016, 57 Lafarge Africa Plc
shares for every 202 AshakaCem shares previously held as well as a cash
considering the N2 per share.
Please, note that the
Shareholders who indicate that they do not want to remain in the unlisted
AshakaCem will, in accordance with the Delisting Guideline of the Nigerian
Stock Exchange, be entitled to receive from the from the Company a payment of
N15.74 per share all enquiries in respect of this Public Notice should be
directed to: The Company Secretary, AshakaCem Plc, Ashaka
Works, Gombe State via zainab.umaru@lafargeholdcim.com and +23412713990
(Ext8604)
Signed:
Mrs. Zainab Silas Umaru
Company Secretary
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