C&I Leasing Plc has notified The Nigerian Stock Exchange that the Company and its subsidiary, C&I Motors Ltd,  have appointed Cordros Capital Ltd as their liaison stockbrokers with respect to their proposed corporate restructuring. It is intended that the restructuring be carried out through a Scheme of Merger (or External Restructuring) pursuant to Part XII of the Investments and Securities Act, 2007 and Part 13 (Rule 440-444) of the Securities & Exchange Commission Rules and Regulations, 2013.

The transaction will not involve, in any form, the alteration of the share capital of C&I Leasing Plc and as such this notification is for the records of The Nigerian Stock Exchange.