Okomu Oil notifies NGX of newest board resolutions

Okomu Oil Palm Firm Plc, a pacesetter within the Nigerian agricultural sector, has formally notified the Nigerian Trade Restricted and the investing public of the outcomes of its Board of Administrators assembly held earlier on Monday.

Following the assessment of the corporate’s efficiency for the 2025 monetary yr, the Board of Administrators has accredited the audited monetary statements for the interval ended 31 December 2025.

Moreover, the Board has put ahead a proposal for the declaration of a last dividend, which is ready to be thought of by shareholders on the upcoming Annual Normal Assembly scheduled for 26 Might 2026.

In adherence to regulatory necessities and to make sure market transparency, the corporate has carried out a strict “closed interval”.

Within the discover to the Trade, the Firm Secretary, Okomu Oil Palm Firm Plc, Chukwuebuka Omerole, mentioned, “The accredited Audited Monetary Statements might be launched to the general public on or earlier than 30 March 2026.”

“Consequently, the closed interval limiting all Administrators and Insiders from dealing within the shares of the corporate stays in place till twenty-four hours after the discharge of the Audited Monetary Statements to the general public.”

This regulatory measure is a normal governance apply designed to stop insider buying and selling and preserve the integrity of the capital market whereas the corporate prepares for its formal monetary disclosure.

Shareholders and the general public are suggested to observe official channels for the discharge of the monetary statements by the designated 30 March 2026 deadline.

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