Until 2016, ellah lakes plc engaged in fish farming and agricultural related activities in nigeria. Through the acquisition of telluria farms in may 2019, we are transforming into a vertically integrated oil palm. Ellah lakes plc engages in the fish farming and agricultural related activities in nigeria. Ellah lakes plc company profile and news bloomberg markets. Ellah lakes plc makes commitment on restructuring exercise. Agribusiness firm, ellah lakes plc, has hinted at plans to raise fresh capital through the issuance of new one billion shares to investors. Ellah lakes to raise additional n500m capital punch. Ellah lakes plc appoints new managing director business. Ellah lakes was born in 1980 and built one of the largest fish farms in the nation. Ellah lakes plc elp announced today that it had successfully listed an additional 1,880,000,000 shares on the main board of the nigerian stock exchange nse. Cardinalstone registrars awarded outstanding registrar firm in business excellence 2018 by central securities clearing system.
Download annual financial statement of nigerian companies. Ellah lakes plc, a leading agribusiness company, earlier today listed an additional 1. Ellah lakes gets shareholders approval to increase share. Ellah lakes plc ellah lakes or the company on friday 14 th june, 2019 announced the appointment of mr. Company profile page for ellah lakes plc including stock price, company news, press releases, executives, board members, and contact information. Having complied with all the necessary regulatory requirements, the acquisition was approved by the nigerian stock exchange and by the securities and exchange commission.
Ellah lakes shareholders approve fresh capital raise. However, as a consideration for the acquisition of the entire stake of telluria limited by ellah lakes, the company has listed 1. Usa american agricultural cooperative, land olakes inc has rebranded its agricultural development arm land olakes international development to land olakes venture37 to further. Ellah lakes plc is a port harcourtbased nigerian company specialised in the breeding, packaging and sale of fish. Ellah lakes plc confirms acquisition of telluria limited. The company also engages in other related agricultural activities. Ellah lakes plc says it has received the approval of its shareholders at an extraordinary general meeting to increase its authorised share capital from n1bn to n1. Ellah lakes merges with telluria, appoints mordi as md business. Shareholders approve new capital raising for ellah lakes. Ellah lakes plc report on the audit of the financial statements opinion in our opinion, except for the going concern threat stated in this report, the accompanying financial statements give a true and fair view of the financial position of ellah lakes plc as at 31 july 2017. In accordance with the provisions of section 3596 of the companies and a ilied matters act cap c20, laws of the federation of nigeria, 2004, we, the members of the audit. Through the acquisition of telluria farms in may 2019, we are transforming into a vertically integrated oil palm company. Ellah lakes confirms mds appointment months after nairametrics. Company profiles of companies listed in the nigerian stock exchange.
The company was founded in 1980 and operates out of port harcourt, nigeria. How many people with the first name ellah have been born in the united states. The plan, if followed through, will increase ellah lakes. New facts behind acquisition of telluria limited by ellah. Ellah lakes successfully listed 1,880,000,000 shares on.
Unaudited q1 reports for the period ended 30 september 20 interlinked technologies plc. Shareholders of ellah lakes plc have approved the plan by the company to raise additional capital to pursue its growth plan. Lag share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. Ellah lakes plc elp announced that it had successfully listed an additional 1,880,000,000 shares on the main board of the nigerian stock exchange nse ellah lakes plcs listing of these shares on the. Nigerian stock exchange lists additional 1,880,000,000 shares. Also, the company has made a strategic shift through the acquisition. On friday, ellah lakes plc announced the acquisition of telluria limited, a development that brought a major change in the management of the former. An offsite data backup facility is in place to aid data recovery in case of. Nigerias ellah lakes plc acquires telluria limited to. The in using as a platform for assisting management in.
Nigeria ellah lakes plc, a fishing company in nigeria, has acquired full has acquired 100 percent equity stake in telluria limited, one of the leading oil palm and cassava producers in the country, at an undisclosed amount. It was founded on august 22, 1980, by nigerian politician, senator f. By dipo olowookere the management of ellah lakes plc, a company which specialises in fish farming, has confirmed that it would soon complete its restructuring exercise. Ellah lakes acquires 100% equity stake in telluria businessday ng. Chuka mordi as managing director, effective june 12th, 2019. Ellah lakes plc has confirmed the appointment of a new managing director. Ellah lakes plc appoints new managing director business traffic.
This data was subjected to a regression analysis us ing the eview software and. Prior to his appointment by ellah lakes plc, mordi was a director at telluria and the managing partner of cbo investment management. Some annual reports contain lots of graphics which slow down the viewing process. Ellah lakes plc is a fish farming enterprise in nigeria supplying fresh water fish to local markets.
Femi asu ellah lakes plc has listed an additional 1. The company recently acquired 100 per cent equities holdings in the telluria limited. Audited reports for the year ended 31 december 2012 niger. The announcement of the acquisition on the nigerian stock exchange nse came as a surprise to many. Ella software makes free, demo, paid plugins and themes for nopcommerce. Ellah lakes plc, issuers of the ellahlakes stock on the nigerian stock exchange, have a number of market competitors who are also engaged in the consumer goods sector. The company was founded in 1980 and is headquartered in port harcourt. Ellah lakes abandons fish for oil palm production, lists 1. Handling time to ship an order is 35 business days, although we strive to fulfill all orders as soon as possible, usually within 12 business days. Ellah lakes plc today declared the approval of mr chuka mordi as managing. Ellah lakes plc ellah lakes or the company today announced the acquisition of 100% equity stake in telluria limited telluria, effective may 7th, 2019. However, nairametrics can confirm that even though ellah lakes plc made the acquisition, telluria limited actually owns the company.
Ellah lakes to complete restructuring exercise soon. Ellah lakes plc received approval of its shareholders at an extraordinary general meeting to increase its authorised share capital from n1,000,000,000 to n1,500,000,000 by the creation and addition of. Pdf impact of dividend policy on shareholders wealth. Ellah lakes plc, a company struggling to feed nigerians. Ellah lakes plc ellah lakes or the company today announced the. Ellah is a founding director of ellah lakes plc, and has. Worldstage newsonline ellah lakes plc elp on monday successfully listed an additional 1,880,000,000 shares on the main board of the nigerian stock exchange nse. Addressing stockbrokers and newsmen at the facts behind the listing of the new shares, frank ellah, chairman of ellah lakes plc lamented that the transaction brings an end to a tortuous. Grow your business faster on top of nopcommerce with our marketplace of professional and cheap extensions. Download annual financial statement of nigerian companies latest annual audited pdf report of companies in nigeria stock exchange. Shareholders of ellah lakes plc have approved the increase in authorised share capital of the agricultural company and further authorised the board of the company to raise new capital. Unlock the all new company profiles with our basic subscription plan detailed company overview interactive chart market activity.
Audited reports for the period ended 31 july, 2014 ellah. Ellah lakes plc financial statements general information country of incorporation nigeria nature of business and principle activities agriculture directors. The company also engages in other related agricultural activities, specifically palm plantation. Ellah is the 12,565 th most popular name of all time. Shareholders of the defunct skye bank plc are hereby advised to contact us to claim their outstanding dividends. Ellah lakes plc elp appoints new managing director brand spur. The company was founded in 1980 and operates out of port. The strong board continues to steer ellah lakes towards and bright and prosperous future. Audited reports for the period ended 31 july, 2014 ellah lakes plc. By modupe gbadeyanka the board of ellah lakes plc has agreed to a.
Ellah lakes plc is one of nigerias foremost agriculture businesses, specialising in fish farming. Cardinalstone registrars awarded outstanding registrar firm in business excellence. Lagos including stock price, stock chart, company news, key statistics, fundamentals and company profile. Ellah lakes plc has announced the appointment of mr. Ellah lakes has the activity of agriculture,chemical. Land olakes rebrands international development unit to. New report finds african seed industry now dominated by local startups. The company said on monday that the listing would create options for. Through the acquisition of telluria farms in may 2019, we are transforming into.
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