Dangote Petroleum Refinery and Petrochemicals (DPRP) has issued a statement addressing the unauthorized distribution of information on various media platforms concerning a potential Initial Public Offering (IPO).
The organization pointed out that some online entities and unofficial sources have been disseminating unverified and often misleading details about a possible public offering, asserting that such information does not emanate from DPRP and should be treated with caution.
DPRP stressed that any official communications regarding prospective transactions will be disseminated exclusively through formal disclosures and announcements from authorized advisors, in compliance with all relevant legal and regulatory frameworks.
The company urged the public, investors, and market participants to ignore speculative remarks and to depend only on validated information officially released by DPRP or its authorized representatives.
Furthermore, DPRP reaffirmed its dedication to maintaining high standards of transparency, corporate governance, and market integrity, underlining the significance of responsible communication with the public. The refinery called on commentators, analysts, and social media figures to depend solely on verified information.
DPRP assured its stakeholders that comprehensive and precise information pertaining to any potential transaction will be made available through official communication channels, including regulatory notices, accredited press releases, and organized communications by the company and its advisors.
The organization added that this statement serves informational purposes solely and should not be interpreted as a solicitation to sell or buy any securities, emphasizing that any such offer would comply with applicable laws and regulatory guidelines.
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