Lagos, Nigeria – Oando PLC (“Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, announces the execution of a Share Purchase Agreement (“SPA”) with Seven Energy International Limited (“Seven Energy”) for the sale of the entire issued share capital of one […]
Tag: Johannesburg Stock Exchange
Oando raises N30.7bn for ConocoPhillips acquisition
Oando Plc has successfully raised N30.7bn to complete the acquisition of ConocoPhillips’ Nigerian assets and meet other obligations. The energy firm, which is listed on both the Nigerian and Johannesburg Stock Exchange, had announced its plans to raise the funds through a special placement exercise last week. In a statement […]
Oando Refutes Allegation Regarding Ibori
Oando PLC (‘Oando’) reacts as follows: We state categorically that Mr. James Ibori does not own ‘a large part of Oando’ and that this statement is incorrect and misleading. Oando is a publicly traded company listed on the Nigerian and Johannesburg Stock Exchanges and does not and cannot control the […]
