In a statement available on the website of the Nigerian Exchange, the Company stated thus:
“Further to the application made to The Exchange by Capital Hotels Plc (“the Company”) on the Voluntary Delisting of the Company from The Exchange as recommended by the Board of Directors (the “Board”), the Exchange approved the delisting application subject to Capital Hotels Plc’s evidence of opening an escrow account in the Registrar’s name and evidence that shareholders who have accepted to exit have been paid.
