CORPORATE ANNOUNCEMENTS – 18th April, 2017

UNILEVER NIGERIA PLC – Financial Result for the 3 Months Ended 31^st March, 2017
Revenue: 32% increase from N16.8bn to N22.2bn
Profit/(Loss) after Tax: 54% increase from N1bn to N1.6bn (3M 2017 EPS, 42 kobo; 3M 2016 EPS, 28 kobo)
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GUARANTY TRUST BANK PLC – Assumption of the Liability of GTB Finance B.V.
Guaranty Trust Bank Plc. has announced that, with effect from 24^th April, 2017, the Bank shall assume every right and power, and shall be bound by every obligation of GTB Finance B.V. with respect to the US$400 million 6% Notes issued by GTB Finance B.V. due in 2018.
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ECOBANK TRANSNATIONAL INCORPORATED – Audited Financial Result for the Year Ended 31^st December, 2016
Gross Earnings: 23% increase from N542.7bn to N665bn
Profit/(Loss) after Tax: 348% decrease from N21.3bn to (N52.6bn) (FY 2016 EPS, -259 kobo; FY 2015 EPS, 56 kobo)

Corporate Action
Proposed Dividend:     2016: Nil (2015: 0.2 US cents)
Proposed Bonus:         Nil
AGM Date:                  16^th June, 2017
AGM Venue:                Lome, Togo
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PRESCO PLC – Audited Financial Result for the Year Ended 31^st December, 2016
Revenue: 50% increase from N10.4bn to N15.7bn
Profit/(Loss) after Tax: 772% increase from N2.5bn to N21.7bn (FY 2016 EPS, 22 kobo; FY 2015 EPS, 2 kobo)

Corporate Action
Proposed Dividend:     2016: 150 kobo (2015: 100 kobo)
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FORTE OIL PLC – Financial Result for the 3 Months Ended 31^st March, 2017
Revenue: 7% decrease from N35.6bn to N33bn
Profit/(Loss) after Tax: 97% increase from N954.2m to N1.9bn
Total Comprehensive Income attributable to Owners of the Company: 7% increase from N657.5m to N702m (3M 2017 EPS, 54 kobo; 3M 2016 EPS, 51 kobo)
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