FBN Holdings Plc has notified the Nigerian Exchange Limited that its attention has been drawn to an online publication dated July 17.
This is contained in a notice to the Nigerian Exchange signed by the acting Company’s Secretary, Adewale Arogundade that the Federal High Court sitting in Lagos, Nigeria, has granted an ex-parte order against FBN Holdings Plc and some other respondents.
“FBN Holdings Plc remained unaware of any lawsuit or court order against it until about 3pm today when a copy of same was served on it. The ex parte order essentially directs FBN Holdings and the other respondents to maintain a status quo ante bellum prevailing before FBN Holding Plc’s 10th annual general meeting held on June 20, 2022, pending the hearing and final determination of the motion on notice for interlocutory injunction.
“Without prejudice to the said court order, FBN Holdings Plc confirms that the subject AGM was duly and validly held with all requisite regulatory and statutory parties in attendance.”
“We wish to reassure the investing public, our esteemed customers and the other stakeholders, that we are aware of our mandate to our shareholders and we will continue to work tirelessly to discharge these responsibilities in compliance with regulatory authorities in the manner expected of a company listed on the premium board of NGX Limited.”
