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Uac Of Nigeria PLC Announces Acquisition of UAC Registrars Limited by Africa Prudential Registrars Plc

Thursday, 6 Jun 2013 08:00pm EDT 

Uac Of Nigeria PLC (UACN) announced that, together with Africa Prudential Registrars Plc (APR), it has notified The Nigerian Exchange that the two Companies have executed a Share Sale and Purchase Agreement (SSPA) in respect of Africa Prudential Registrars’ (APR) planned acquisition of 100% of the Shares of UAC Registrars Limited, a subsidiary of UACN. Completion of the transaction is subject to the fulfillment of all conditions precedent outlined in the SSPA including approval by the Securities & Exchange Commission. The companies will continue to update The Exchange as the transaction evolves. 

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