Johannesburg Stock Exchange (JSE) discontinued an embargo on the trading of securities of Oando Plc, whose shares have a dual listing on the bourse in addition to the Nigerian Exchange, the oil driller announced in a regulatory filing on Wednesday.
Oando said it received a confirmation from the exchange lifting the suspension on the secondary listing of its securities, with the change taking “effect from today, June 5, 2024, allowing trading to resume.”
“We acknowledge and appreciate the patience of our stakeholders during this time; furthermore, we remain committed to maintaining the highest standards of corporate governance and transparency,” the document stated.
