WEEKLY REPORT

WEEKLY REPORT STOCK MARKET REPORT FOR MAY 8TH, 2015 EQUITIES A turnover of 1.584 billion shares worth N20.151 billion in 23,279 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 1.169 billion shares valued at N11.961 billion that exchanged hands last week in 17,769 deals. The Financial Services Industry (measured by volume) led the activity chart with 1.088 billion shares valued at N8.991 billion traded in 13,220 deals; thus contributing 68.66% and 44.62% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with a turnover of 227.840 million shares worth N920.617 million in 1,082 deals. The third place was occupied by the Consumer Goods Industry with 121.859 million shares worth N7.703 billion in 4,123 deals. Trading in the Top Three Equities namely- United Bank for Africa Plc, Transnational Corporation of Nigeria Plc, and Access Bank Plc, (measured by volume) accounted for 678.964 million shares worth N3.247 billion in 2,943 deals, contributing 42.85% and 16.11% to the total equity turnover volume and value respectively. Equity Turnover - Last 5 days Date

Deals

Turnover Volume

Turnover Value (N)

Traded Stocks

Advanced Stocks

Decline d Stocks

Unchange d Stocks

4-May-15

4,845

324,480,650

6,415,587,567.21

100

25

28

47

5-May-15

4,848

247,404,787

4,246,951,263.71

129

21

26

82

6-May-15

5,110

473,568,983

3,451,524,672.75

132

20

28

84

7-May-15

5,238

330,667,063

3,750,507,133.57

120

24

20

76

8-May-15

3,238

208,349,102

2,286,601,690.29

114

17

23

74

Distribution of Quantity Traded FINANCIAL SERVICES

8%

CONGLOMERATES

CONSUMER GOODS

OTHERS

9%

14% 69%

For Further Inquiries Contact: Market Operations Department

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WEEKLY REPORT ETPs Also traded during the week were a total of 1.388 million units of Exchange Traded Products (ETPs) valued at N31.490 million executed in 47 deals compared with a total of 11,737 units valued at N1.799 million transacted last week in 15 deals. (See summary in the table below). S/N

Security

Deals

Volume

Value

1

VETGRIF30

30

1,275,071

20,159,495.76

2

STANBICETF30

4

103,957

10,975,158.15

3

LOTUSHAL15

8

9,340

100,390.07

4

NEWGOLD

5

112

255,191.00

TOTAL

47

1,388,480

31,490,234.98

RETAIL BONDS A total of 4,569 units of Federal Government Bonds valued at N4.966 million were traded this week in 2 deals compared with a total of 330 units of Federal Government Bonds valued at N370,698.04 transacted last week in 2 deals. S/N

Security

Deals

Volume

Value

1

FG102016S1

1

2,494

2,569,522.73

2

FG9B2022S1

1

2,075

2,396,669.57

2

4,569

4,966,192.30

INDEX MOVEMENT The NSE All-Share Index and Market Capitalization depreciated by 0.92% to close on Friday at 34,388.21 and N11.678 trillion. Similarly, five Indices finished lower during the week with the exception of the NSE Banking, NSE Insurance and NSE Industrial Goods indices that rose by 2.02%, 0.57% and 1.42% respectively. (See summary of Index movements in the table below). WEEK OPENING

WEEK CLOSE

WEEKLY CHANGE

WtD

MtD

QtD

YtD

% Change The NSE All-Share Index (ASI)

34,708.11

34,388.21

-319.90

-0.92

-0.92

8.33

-0.78

NSE 30 Index

1,588.06

1,579.54

-8.52

-0.54

-0.54

8.85

1.04

NSE Banking Index

389.37

397.25

7.88

2.02

2.02

9.09

13.05

NSE Insurance Index

146.29

147.12

0.83

0.57

0.57

1.76

-1.69

NSE Consumer Goods Index

880.62

858.42

-22.20

-2.52

-2.52

6.70

-4.99

NSE Oil/Gas Index

382.24

379.47

-2.77

-0.72

-0.72

-0.16

-0.17

NSE Lotus II

2,275.79

2,241.51

-34.28

-1.51

-1.51

8.17

-0.11

NSE Industrial Goods Index

2,183.12

2,214.08

30.96

1.42

1.42

14.75

3.48

NSE ASeM Index

1,214.94

1,212.94

-2.00

-0.16

-0.16

-0.16

-0.03


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WEEKLY REPORT

The NSE All-share and NSE-30 Indices Week Ended May 8th, 2015 34,800.00

1,595.00

34,700.00

1,590.00

34,600.00

1,585.00

34,500.00 1,580.00

34,400.00 34,300.00

1,575.00

34,200.00

1,570.00

ASI NSE-30 NSE-30

SUMMARY OF PRICE CHANGES Thirty-two (32) equities appreciated in price during the week, higher than thirty-one (31) equities of the preceding week. Forty-five (45) equities depreciated in price, higher than forty-one (41) equities of the preceding week, while one hundred and sixteen (116) remained unchanged lower than one hundred and twenty (120) equities of the preceding week. Top 10 Price Gainers

Company VITAFOAM NIGERIA PLC C & I LEASING PLC RED STAR EXPRESS PLC HONEYWELL FLOUR MILL PLC CAP PLC ECOBANK TRANSNATIONAL INCORPORATED CAVERTON OFFSHORE SUPPORT GRP PLC UNIVERSITY PRESS PLC INTERNATIONAL ENERGY INSURANCE COY PLC MAY & BAKER NIGERIA PLC


Open 4.83 0.52 3.78 3.28 35.66 20.70 3.00 4.83 0.51 1.63

Close Gain (N) 6.40 1.57 0.66 0.14 4.70 0.92 3.96 0.68 43.00 7.34 24.49 3.79 3.45 0.45 5.48 0.65 0.57 0.06 1.79 0.16

% Change 32.51 26.92 24.34 20.73 20.58 18.31 15.00 13.46 11.76 9.82

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WEEKLY REPORT

Top 10 Price Decliners

Company UNITY BANK PLC LEARN AFRICA PLC ASSOCIATED BUS COMPANY PLC ACADEMY PRESS PLC CEMENT COMPANY OF NORTHERN NIGERIA PLC ROYAL EXCHANGE ASSURANCE PLC FORTE OIL PLC FBN HOLDINGS PLC STERLING BANK PLC COSTAIN (WEST AFRICA) PLC

Open 3.89 1.43 0.63 1.06 11.59 0.55 177.65 9.80 2.29 0.87

Close Loss (N) 2.62 -1.27 1.27 -0.16 0.57 -0.06 0.96 -0.10 10.50 -1.09 0.50 -0.05 163.01 -14.64 9.10 -0.70 2.15 -0.14 0.82 -0.05

% Change -32.65 -11.19 -9.52 -9.43 -9.40 -9.09 -8.24 -7.14 -6.11 -5.75

PRICE ADJUSTMENT The below security was adjusted for dividend as recommended by their board of directors: COMPANY FBN HOLDINGS PLC

CLOSURE DATE

DIVIDEND

04/05/2015

N0.10

BONUS 1 FOR 10

PAYMENT DATE 25/05/2015

AGM DATE 21/05/2015

EX-DIV PRICE N8.82

SUPPLEMENTARY LISTING Sequel to the bonus issue of 1 for 10, a total of 3,263,208,436 units were added to the existing shares of the company, thus bringing the total outstanding shares of FBN HOLDINGS PLC to 35,895,292,792 units. FINANCIAL NEWS UNAUDITED ACCOUNTS ASHAKACEM PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N4,560,719 2014 N6,505,403 Profit After Tax 2015 N889,014 2014 N1,919,174. COMPUTER WAREHOUSE GROUP PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N3,870,100 2014 N3,533,400 Profit/Loss After Tax 2015 (N230,300) 2014 N9,900. MRS OIL NIGERIA PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N21,339,069 2014 N24,163,308 Profit After Tax 2015(N919,829) 2014 N171,979. ROYAL EXCHANGE PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Gross Written Premium 2015 N3,622,551 2014 N3,800,778 Profit After Tax 2015 N822,532 2014 N820,314. For Further Inquiries Contact: Market Operations Department

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WEEKLY REPORT PHARMA-DEKO PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N316,029 2014 N305,393 Profit After Tax 2015 N19,496 2014 N16,394. TOTAL NIGERIA PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N60,042,747 2014 N60,595,084 Profit After Tax 2015 N223,217 2014 N1,069,948. CONTINENTAL REINSURANCE PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Gross Written Premium 2015 N4,822,124 2014 N4,079,508 Profit After Tax 2015 N837,289 2014 N606,804. SCOA NIGERIA PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N818,040 2014 N6,440,132 Profit After Tax 2015 N20,396 2014 N179,029 CONSOLIDATED HALLMARK INSURANCE PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Gross Written Premium 2015 N2,127,722 2014 N1,441,892 Profit After Tax 2015 N285,171 2014 N254,030. UAC PROPERTY DEVELOPMENT COMPANY PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N1,447,023 2014 N3,117,921 Profit After Tax 2015 N184,057 2014 N384,155 CAPITAL HOTELS PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N1,038,282 2014 N1,286,694 Profit After Tax 2015 N192,206 2014 N26,521 BOC GASES NIGERIA PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N522,435 2014 N537,324 Profit After Tax 2015 N32,420 2014 N68,575 LEARN AFRICA PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N73,926 2014 N277,841 Loss After Tax 2015 (N116,062) 2014 (N10,285)

C & I LEASING PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N4,763,836 2014 N3,039,725 Profit After Tax 2015 N219,702 2014 N114,630 MAY & BAKER NIGERIA PLC: FINANCIAL STATEMENTS FOR THE FIRST QUATER ENDED 31 MARCH, 2015 - ‘000 Revenue 2015 N1,521,331 2014 N1,387,035 Profit After Tax 2015 (N42,173) 2014 N63,340

AUDITED ACCOUNTS For Further Inquiries Contact: Market Operations Department

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WEEKLY REPORT ROYAL EXCHANGE PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2014 - ‘000 Gross Written Premium 2014 N9,425,451 2013 N9,083,092 Profit After Tax 2014 N150,437 2013 N806,284. UNIVERSAL INSURANCE PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2013 - ‘000 Gross Written Premium 2013 N620,247 2012 N415,846 Profit After Tax 2013 N265,631 2012 N22,660. CONTINENTAL REINSURANCE PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2014 - ‘000 Gross Written Premium 2014 N16,153,740 2013 N15,036,612 Profit After Tax 2014 N435,595 2013 N389,375. VITAFOAM NIGERIA PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2014 - ‘000 Revenue 2014 N16,712,922 2013 N16,808,851 Profit After Tax 2014 N855,644 2013 N1,753,400. C & I LEASING PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2014 ‘000 Revenue 2014 N13,883,942 2013 N12,299,459 Profit After Tax 2014 N317,493 2013 N161,597. NIGERIAN ROPES PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2014 - ‘000 Revenue 2014 N374,109 2013 N340,157 Loss After Tax 2014 (N204,943) 2013 (N223,208). SMART PRODUCTS NIGERIA PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2014 - ‘000 Revenue 2014 N46,526 2013 N44,597 Profit After Tax 2014 N12,644 2013 N12,021.

OTHER MARKET NEWS UACN PROPERTRY DEVELOPMENT COMPANY PLC: Closure of Register – Year Ended 31 December 2014 – Proposed Dividend: 50Kobo, Proposed Bonus: Nil, Closure of Register: 10th August 2015, AGM Date: 1st September, 2015, Payment Date: 2nd September, 2015, AGM Venue: Golden Tulip Hotel Festac, Lagos. CONTINENTAL REINSURANCE PLC: Closure of Register – Year Ended 31 December 2014 – Proposed Dividend: 11Kobo, Proposed Bonus: Nil, Closure of Register: 20th July 2015, AGM Date: 30th July, 2015, Payment Date: 31st July, 2015, AGM Venue: To be Advised. SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC: Closure of Register – Year Ended 31 December 2014 – Proposed Dividend: $0.09 Cents per share (at a dollar/naira exchange rate as the qualification date of 21 May 2015), Proposed Bonus: Nil, Closure of Register: 22nd May 2015, AGM Date: 2nd June, 2015, Payment Date: 10th June, 2015, AGM Venue: Civic Centre, Ozumba Mbadiwe Road, V/I, Lagos.


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WEEKLY REPORT NPF MICROFINANCE BANK PLC: Closure of Register – Year Ended 31 December 2014 – Proposed Dividend: 15Kobo, Proposed Bonus: Nil, Closure of Register: 1st June 2015, AGM Date: 23rd July, 2015, Payment Date: 24th July, 2015, AGM Venue: MUSON Centre, Onikan Lagos. SMART PRODUCTS PLC: Closure of Register – Year Ended 31 December 2014 – Proposed Dividend: 25Kobo, Proposed Bonus: Nil, Closure of Register: 3rd July 2015, AGM Date: 30th July, 2015, Payment Date: 11th August, 2015, AGM Venue: Company’s Board Room, 373 Agege Motor Road, Mushin, Lagos.

MRS OIL PLC: NOTICE OF CHANGE OF DATE OF THE 46TH ANNUAL GENERAL MEETING - MRS Oil Plc (“the Company”) notified The Nigerian Stock Exchange (“NSE”) that its Board of Directors has approved changes relating to information in the Notice of its forthcoming 46th Annual General Meeting. According to the Company, the date of the 46th Annual General Meeting which was previously scheduled to hold on Wednesday, 05 August 2015 at 11.00 a.m. has been rescheduled to hold on Tuesday, 04 August 2015 at 11.00.am. The Company has also advised that the recommendation of dividend, if approved by the shareholders of the Company will now be posted on Wednesday, 05 August 2015 instead of Thursday, 06 August 2015 as initially announced.

UNITY BANK PLC: Appointment of an Executive Director - Unity Bank Plc (‘’the Bank’’) notified The Nigerian Stock Exchange that the Central Bank of Nigeria (CBN) has approved the appointment of Mrs. Tomi Somefun as an Executive Director and member of its Board. Mrs. Tomi Somefun is a Fellow of the Institute of Chartered Accountants of Nigeria and graduated from the Obafemi Awolowo University (formerly University of Ife) in 1981 with a Bachelor of Education in English Language. She began her professional career with KPMG as a Senior Audit Assistant from 1982 – 1986 before joining Arthur Andersen & Co in 1986 to 1989 as an Audit Senior. She also worked with Ventures & Trusts as an Associate between 1989 -1992. Between 1992 and 1995, Mrs. Somefun worked with Credit Bank Ltd before moving to UBA Trustees Ltd in 1996. She joined United Bank for Africa Plc in 2003 as an Assistant General Manager and became the Managing Director of UBA Capital & Trust Ltd from 2004 to 2005 and the founding Managing Director/CEO of UBA Pensions Custodian Ltd from 2005 to 2014. Mrs. Somefu has attended several Executive Training and Advanced Managing Programs both within and outside Nigeria including INSEAD Fontainebleau, France, EUROMNOEY training programmes, Harvard Business School and Global Custody Conference, UK.

DANGOTE CEMENT PLC: Appointment of a Director - Dangote Cement Plc (“the Company”) notified The Nigerian Stock Exchange that its Board of Directors has appointed Mr. Douraid Zaghouani as a non- Executive Director of the Company with effect from 29 April 2015. Mr. Douraid Zaghouani holds a degree in Civil Engineering from Ecole Nationale des Travaux Publics de l’Etat (France) and is also a graduate in Business Administration from the ESSEC (Ecole Superieure des Sciences Economiques et Commeciales) business school in Paris. For Further Inquiries Contact: Market Operations Department

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WEEKLY REPORT Mr. Zaghouani is presently the Chief Operating Officer of the Investment Corporation of Dubai (ICD). In this role, he supports the CEO’s Office in corporate strategy development and is responsible for the efficient operational management of the organization.

WAPIC INSURANCE PLC: Appointment of Deputy Managing Director - Wapic Insurance Plc notified The Nigerian Stock Exchange (‘’NSE’’) that the Board of Directors of the Company at its meeting held on 23 March 2015 approved the appointment of Mr. Bode Ojeniyi as Deputy Managing Director with immediate effect. Mr. Bode Ojeniyi holds a BSc. and MSc. in Agric. Economics from the University of Ibadan. He also has an MBA in Strategic Management as well as in Finance from Ogun State University. A former employee of Access Bank Plc, Mr. Ojeniyi has also worked in Ecobank Plc rising to the position of Senior Manager/Head Mortgages & Consumer Finance (Retail Banking) - December 2005 to August 2007. Until this appointment, Mr. Bode Ojeniyi was the Executive Director in charge of Institutional Clients Strategic Business Unit in Wapic Insurance Plc, a position he has held since 16 January 2014. The Company states that the National Insurance Commission (NAICOM) approved this appointment on 22 April 2015.

Please visit http://www.nse.com.ng/Issuers-section/corporate-disclosures/company-results for full details of Financial News and other corporate disclosures.


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