Dangote Petroleum Refinery and Petrochemicals (DPRP) says it notes with concern the recent circulation of unauthorised information across various media and social platforms regarding a potential Initial Public Offering (IPO).
DPRP further notes that several online platforms and unofficial sources have published unverified, and in some instances inaccurate, information relating to a potential offering. Such reports do not originate from DPRP and should be treated with caution, disclosed the organisation.
“All official updates regarding any potential transaction will be communicated strictly through DPRP’s formal public disclosures and announcements issued by its appointed advisers, in line with applicable laws and regulatory requirements,” submitted the DPRP..
The firm advised the public, investors, and market participants to disregard speculative commentary and rely solely on verified information formally issued by DPRP or its authorised representatives.
DPRP says it remains committed to the highest standards of transparency, corporate governance and market integrity, adding that it underscores the importance of responsible public communication and urges commentators, analysts and social media influencers to rely only on authenticated information.
DPRP assured stakeholders that, when appropriate, comprehensive, and accurate details regarding any proposed transaction would be made available through official channels, including regulatory filings, authorised press releases, and coordinated communications by the Enterprise and its appointed advisers.
“This communication is for information purposes only and does not constitute, or form part of, an offer to sell or a solicitation of an offer to buy any securities. Any such offer, if made, will be undertaken solely on the basis of duly authorised offer documentation and in compliance with all applicable laws and regulatory requirements,” added the DPRP.