CADBURY NIGERIA PLC – Notice of Closed Period

Cadbury Nigeria Plc. has notified the market that it has commenced a closed trading period during which Insiders and other interested parties should not trade in the shares of the Company. The closed period commenced yesterday, 20th February, 2017 and will end on 16th March, 2017, a day after the release of its 2016 audited financial statements.
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TRANSCORP HOTELS PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 10% increase from N14bn to N15.3bn
Profit after Tax: 17% increase from N3.5bn to N4.1bn (FY 2016 EPS, 54 kobo; FY 2015 EPS, 46 kobo)
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Corporate Action
Proposed Dividend:     40 kobo per share
Proposed Bonus:         Nil
Closure Date:              8th March, 2017
AGM Date:                  15th March, 2017
Payment Date:            16th March, 2017
AGM Venue:                To be announced later


NIGERIAN BREWERIES PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 7% increase from N293.9bn to N313.7bn
Profit after Tax: 25% decrease from N38bn to N28.4bn (FY 2016 EPS, 358 kobo; FY 2015 EPS, 482 kobo)
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Corporate Action
Proposed Dividend:     258 kobo per share (final)
Proposed Bonus:         Nil
Closure Date:              9th to 15th March, 2017
AGM Date:                  3rd May, 2017
Payment Date:            4th May, 2017
AGM Venue:                Muson Centre, 8/9 Marina, Onikan, Lagos @ 10am
Shareholders’ Option: If approved at the AGM, shareholders may opt to receive new Ordinary Shares in the Company instead of the final dividend.
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