Lafarge Africa Joins the Premium Board of the Nigeria Stock Exchange
Lafarge Africa Plc has joined 3 other companies in the elite Premium Board of the Nigeria Stock Exchange. The other companies that were migrated along with Lafarge at a grand ceremony on the floor of the Nigeria Stock Exchange on Monday the 16th of April 2018 were Access Bank, United Bank for Africa (UBA) and Seplat Petroleum Development Company Plc.
The Premium Board is the NSE's listing segment for showcasing companies who are industry leaders in their sectors. The Premium Board features companies that adhere to international best practices on corporate governance and satisfy the NSE's highest standards of capitalization and liquidity. It also serves as a benchmark for investors looking to track the performance of large firms with excellent corporate governance and sustainable business models. The Premium Board of the Nigeria Stock Exchange opens new frontiers to attract investment from global fund managers and thematic portfolio investors.
Speaking at the well attended event, Michel Puchercos said Lafarge Africa has adopted the LafargeHolcim Code on Ethics and Business Conduct which ensures that all directors, officers and employees share a common commitment to conducting business with integrity, and compliance with existing rules and regulations relevant to the Company’s operations.
He urged the other companies on the premium Board to leverage their new status for the overall good of the investing public.
About Lafarge Africa Plc
Lafarge Africa Plc, a leading Sub-Saharan Africa building materials company is a subsidiary of LafargeHolcim, a world leader in building materials. Listed on the Nigerian Stock Exchange with a presence in Africa’s two largest economies, Nigeria and South Africa, Lafarge Africa is actively participating in the urbanization and economic growth of Africa.
Combining its operations in Nigeria - Ewekoro and Sagamu plants in Ogun State, Ashakacem in Gombe State, Mfamosing in Cross Rivers State, Atlas cement in Rivers State and Ready-Mix Nigeria with its varied operations in South Africa, Lafarge Africa has a current installed cement capacity of 14.1Mtpa. This is in addition to strong market leading positions in Aggregates, Ready mix concrete and Fly ALafarge Africa leverages on its innovative expertise to provide valued added products and services solutions in the building and construction industry in Sub-Saharan Africa. Additional information is available on the web site at www.lafarge.com.ng
LafargeHolcim is the leading global building materials and solutions company serving masons, builders, architects and engineers all over the world. The Group is organized in four business segments – Cement, Aggregates, Ready-mix Concrete and Solutions & Products – and is a partner for clients ranging from affordable housing and small, local projects to the biggest, most technically and architecturally challenging infrastructure projects. As urbanization increasingly impacts people and the planet, the Group provides innovative products and building solutions with a clear commitment to social and environmental sustainability. With leading positions in all regions, LafargeHolcim employs around 80,000 employees in more than 80 countries and has a portfolio that is equally balanced between developing and mature markets.