The Federal High Court Holden at Lagos just announced its order on the petition filed by the shareholders of the Seven-Up Bottling Company Plc on 8^th of February 2018. 

Some of the declarations in Court Order are: 

·         That the scheme shares be transferred to Affelka, Sparkplexi or any other nominee of Affelka. 

·         That the holders of the Scheme Shares be paid in cash a consideration (as modified at the court-ordered meeting to N125.00 per share) by Affelka and/or Sparkplexi, a wholly owned subsidiary for the transfer of the said Scheme Shares. 

Please click to download a copy of the Court Order.