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Oando PLC
Source: Oando PLC |

Oando to Distribute over 1Billion Additional Shares to Shareholders

This positive news for Oando shareholders directly increases minority shareholders' ownership stakes by one (1) new ordinary share of 50 kobo each for every twelve (12) existing ordinary shares of 50 kobo held by the shareholders without dilution

Oando (www.OandoPLC.com) is rewarding its shareholders by giving them an incredible 1.28 billion additional shares in the form of stock dividend. This means shareholders will get more shares added to their investment portfolio at no extra cost. The sheer size of the offering, with 1.28 billion shares distributed, makes it the…

Oando PLC
Source: Oando PLC |

Oando Publishes N4.1 Trillion Revenue and N65.5 Billion Profit-After-Tax in Full Year (FY) 2024 Results

The announcement brings the company up to date on its financial reporting, successfully meeting all regulatory requirements

Oando PLC (www.OandoPLC.com), Africa’s leading integrated energy company listed on both the Nigerian Exchange Grpup (NGX) and Johannesburg Stock Exchange (JSE), announced a strong financial performance for the Full Year (FY) 2024 with a 45% growth in revenue to N4.1 Trillion compared to N2.9 Trillion in FY 2023 results. The…

Oando PLC

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    • Group Chief Executive, Oando PLC, Wale Tinubu, CON, receives the ‘Deal of the Year’ Award, for Oando’s landmark Nigerian Agip Oil Company (NAOC) acquisition from Italian energy company, Eni, presented here by former President and CEO, Africa Oil Corp, Keith Hill, at the Africa Energy Week Awards 2024 in Cape Town, South Africa
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Source: Oando PLC |

Oando Wins ‘Deal of the Year’ Award at Africa Energy Week 2024

Oando won the award in recognition of the Company’s recently completed landmark $783 million acquisition of the Nigerian Agip Oil Company (NAOC) from the Italian Energy firm Eni on August 22, 2024

Oando PLC (“Oando” or the “Company”) (www.OandoPLC.com) Africa’s leading energy solutions provider listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) is pleased to announce that the Company has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024. The Africa Energy…

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