Lagos, 1st November, 2022

COMPLETION OF MANDATORY TAKEOVER OF 1,300,000 ORDINARY SHARES EQUIVALENT TO 0.10% EQUITY STAKE IN ETERNA PLC BY PRELINE LIMITED

We wish to announce to the Nigerian Exchange Limited and the general public that following the granting of the ''Authority to proceed'' by the Securities and Exchange Commissions and our earlier announcement dated 19th April 2022 in this regard, Preline Limited has notified Eterna Plc of the completion of the Mandatory Takeover of 1,300,000 ordinary shares equivalent to 0.10% equity stake in Eterna Plc from other shareholders at a price of N13.50 per share.

This notification is in fulfilment of our disclosure obligations in line with Regulatory guidelines and our corporate responsibility to our stakeholders.

BY ORDER OF THE BOARD

Mandella Golkus

Company Secretary/Legal Adviser

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Eterna plc published this content on 01 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2022 08:05:04 UTC.