The Okomu Oil Palm Company P l c (the Company) wishes to inform the Nigerian Exchange Limited (the Exchange), its shareholders and the investing public that the Board of Directors of the Company is scheduled to meet on Friday, 15th March 2024, at 10:00 am to consider amongst other things, the Audited Financial Statements of the Company for the year ended 31st December 2023 and the possible declaration of a final dividend.
In compliance with the provisions of Rule 17.18(a): Closed Period, Rulebook of the Exchange, 2015 (Issuers' Rule) as amended, the Company commenced a Closed Period from 1st January 2024 for trading in its shares by Directors, Employees, Advisers, consultants and their connected persons and any other person(s) with insider information until 24 hours after the announcement of the 2023 Audited Financial Statements to the market.
All Okomu Oil Palm Co. Plc insiders have been notified accordingly.
For: The Okomu Oil Palm Co. Plc
Chukwuebuka A. Omerole
Company Secretary.
Directors: G. Oyebode M.F.R (Chairman), G.D Hefer (South African) Managing Director, Dr. I. Chevalley (INED), P.A.E Eguasa JP, H. Fabri (Belgian), P. Fabri (Belgian), R. Helsmoortel (Belgian), A. Arhainx (French) Finance Director, Mrs. V. Shobo (INED), J. Bastrup-Birk INED)
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Okomu Oil Palm Company Plc specializes in producing and marketing palm oil and natural rubber. Net sales break down by activity as follows:
- sale of palm oil (85%). The group also provides and palm cake for the cattle feed;
- sale of rubber (14.9%);
- palm oil processing (0.1%).