Dear Esteemed Shareholder,

Please be informed that at the Annual General Meeting of 11 Plc held on October 14, 2020, a resolution was passed in favour of the proposal to delist a total of 360,595,261 ordinary shares of 11 Plc listed on the Nigerian Stock Exchange.

In line with the resolution, please be informed that the delisting process has commenced and we forward herewith, the explanatory notes for your necessary action.

All dissenting shareholders to the delisting of the 360,595, 261 ordinary shares of 11 Plc will be able to elect to accept the Exit Consideration from February 1, 2021 to March 1, 2021.

Dissenting Shareholders can send soft copies of their duly executed Exit Consideration Forms to Greenwich Registrars & Data Solutions Limited via email at  proxy@gtlregistrars.com

Please click the link below to download the Explanatory Statement to the delisting and the Exit Consideration Form.