Dangote Cement Plc (“DCP”) hereby announces that further to its request for a waiver, the Securities and Exchange Commission has granted approval for DCP not to file its Fourth Quarter Unaudited Returns within thirty days of its period end, but to file its Annual Audited Financial Statements within sixty days of its year-end.
In view of this, DCP will file its Audited Financial Statements for the year ended December 31 2021, on or before February 28 2022.
In a related development, Dangote Cement Plc also announces the completion of the second tranche (“Tranche II) of its share buy-back programme which was announced on 12 January 2022. Relevant details of this Tranche II are set forth below:
Following the conclusion of Tranche II, the total number of residuals issued and fully paid outstanding shares of DCP amounts to 16,873,559,251.
The repurchased shares will be held as treasury shares and may subsequently be cancelled.
Execution of this Tranche II did not have any material impact on the Company’s financial position.
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