MRS Oil Nigeria Plc with a market capitalisation of N60 billion has concluded with its decision to voluntarily delist all its issued shares from the Nigerian Exchange Limited (NGX) and transition to the NASD OTC Securities Exchange (NASD).
Total outstanding shares of the company stood at 342,884,708.00 on Friday while price per share of the stock closed at N174.9.
According to a statement on NGX on Friday, the decision was approved by the company’s shareholders at an Extraordinary General Meeting (EGM) held on June 25, 2024.