Flash Equity Report /
Nigeria

Seplat's chairman steps down – positive for the company

  • Seplat has announced its chairman will step down, a few days after key board member Xavier Rolet's resignation

  • We expected Ambrosie Orijako to resign and/or a reshuffling of the board

  • The timely response to shareholders' concerns over recent court cases is positive. We reiterate our Buy recommendation

Seplat's chairman steps down – positive for the company
Janet Ogunkoya
Janet Ogunkoya

Senior Research Analyst

Tellimer Research
18 November 2021
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