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    DANGSUGAR   NGDANSUGAR02

DANGOTE SUGAR REFINERY PLC

(DANGSUGAR)
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DANGOTE SUGAR REFINERY : NOTICE OF BOARD MEETING (BM)

09/30/2021 EST

September 30, 2021

Lagos, Nigeria

DANGOTE SUGAR REFINERY PLC - NOTICE OF CLOSED PERIOD AND MEETING OF THE BOARD OF DIRECTORS

In compliance with Rule 17:17 to 17:18 of the Nigerian Exchange Limited's Issuers' Rules (as amended), Dangote Sugar Refinery PLC hereby announces the commencement of a Closed Period for the trading of the Company's Shares.

The Company wishes to notify the Nigerian Exchange Limited and the investing public that a meeting of the Board of Directors of Dangote Sugar Refinery Plc (the Company) is scheduled to be held on Wednesday October 27, 2021 to consider the Unaudited Financial Statement for the Quarter Ended September 30, 2021.

Consequently, the Closed Period commences from Friday October 1, 2021, till 24 hours after the filing of the Results via Nigerian Exchange Limited's Issuers' Portal.

No insider of the Company, including its Directors, Employees, Advisers and Consultants and their connected persons may deal directly or indirectly in the Shares of the Company during the Closed Period.

All Dangote Sugar Refinery PLC Insiders have been duly informed.

Thank you.

For: DANGOTE SUGAR REFINERY PLC

Temitope Hassan (Mrs.)

Company Secretary

Disclaimer

Dangote Sugar Refinery plc published this content on 30 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2021 14:33:10 UTC.


© Publicnow 2021
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Financials
Sales 2021 269 B 657 M 657 M
Net income 2021 37 363 M 91,2 M 91,2 M
Net cash 2021 65 266 M 159 M 159 M
P/E ratio 2021 5,19x
Yield 2021 9,46%
Capitalization 194 B 473 M 474 M
EV / Sales 2021 0,48x
EV / Sales 2022 0,52x
Nbr of Employees 2 815
Free-Float 27,7%
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 6
Last Close Price 16,00 NGN
Average target price 21,86 NGN
Spread / Average Target 36,6%
EPS Revisions
Managers and Directors
Ravindra Singh Singhvi Managing Director
Debola Falade Chief Financial Officer
Aliko Dangote Chairman
Hassan Salisu Head-Human Resources & Administration
Konyinsola Ajayi Independent Non-Executive Director
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