The share price of Mobil Oil Nigeria  Plc has moved from N186/share in October 2016, on acquisition of ExxonMobil’s 60% stake in Mobil Oil to N294/share today.  The deal is for the acquisition of EMOC’s 216,357,157 ordinary shares in Mobil Oil Nigeria Plc for consideration of $301,000,000 USD subject to price adjustment for dividends and other factors.

Mobil Oil Nigeria Plc prior to this on 3oth March, 2016 announced a dividend of 720 kobo/share with payment date for June 1st 2016.  Closure of register – 28th – 30th April 2016 and AGM – 25th May 2016.

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