OANDO PLC - Oando Plc Announces a Delay in the Publication of its 2023 Audited Financial Statements

Oando Plc Announces a Delay in the Publication of its 2023 Audited Financial Statements

Oando PLC
(Incorporated in Nigeria and registered as an external
company in South Africa)
Registration number: RC 6474
(External company registration number 2005/038824/10)
Share Code on the JSE Limited: OAO
Share Code on the Nigerian Stock Exchange: UNTP
ISIN: NGOANDO00002
("Oando" or the "Company")


        OANDO PLC ANNOUNCES A DELAY IN THE PUBLICATION OF ITS 2023 AUDITED
                            FINANCIAL STATEMENTS

                                              03 July 2024

Oando PLC (referred to as "Oando" or the "Company") wishes to inform the public and its
shareholders that, in accordance with Rule 1.1.4 of the Rules for Filing of Accounts and Treatment of
Default Filing, Rulebook of the NGX, the Company not having met the statutory deadline for filing its
2023 Audited Financial Statements (2023 AFS) will be unable to meet the expected filing date of
31 July, 2024 earlier communicated to the public on 08 April 2024.

Following the publication of the 2022 Audited Financial Statements in April 2024 and the unaudited
financial statements for Q1 – Q4 of 2023 in May 2024, the audit of the 2023 AFS commenced
immediately. We are committed to finalizing the said audit by August 31, 2024. Subsequently, the
2023 AFS will be presented to the Board for approval and submitted to the Financial Reporting Council
of Nigeria for regulatory approval before being publicly released.

In accordance with the extension applied for and granted by the NGX, the Company expects to publish
its 2023 Audited Financial Statements and Q1 and Q2 2024 Management Accounts by Monday,
September 30, 2024, thereby bringing up to date all its outstanding financial reporting obligations.

Oando PLC apologizes for any inconvenience caused by this delay and will keep the market informed
of any updates regarding the current situation.

Ends

For further information, please contact:

Adeola Ogunsemi
Chief Financial Officer
The Wings Office Complex
17a Ozumba Mbadiwe Avenue
Victoria Island,
Lagos, Nigeria.
Tel: +234 (1) 270400, Ext 6506
aogunsemi@oandoplc.com

Ayotola Jagun
Company Secretary
The Wings Office Complex
17a Ozumba Mbadiwe Avenue
Victoria Island,
Lagos, Nigeria.
Tel: +234 (1) 270400, Ext 6159
ajagun@oandoplc.com

For: Oando PLC

Ayotola Jagun (Ms.)
Chief Compliance Officer and Company Secretary


JSE Sponsor to Oando
Questco Corporate Advisory Proprietary Limited

Date: 04-07-2024 07:05:00
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