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DANGOTE CEMENT PLC

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DANGOTE CEMENT : SHARE BUYBACK TRANCHE 2 COMPLETION ANNOUNCEMENT

01/26/2022 | 04:56am EDT

Dangote Cement Plc. RC 208767

Marble House

1, Alfred Rewane Road, Ikoyi, Lagos, Nigeria Tel: +234 1 450 643

Email: customercare@dangote.com

Website: www.dangotecement.com

Lagos, Nigeria

26 January 2022

SHARE BUY-BACK PROGRAMME BY DANGOTE CEMENT PLC - COMPLETION OF TRANCHE II

Dangote Cement Plc ("DCP" or the "Company") hereby announces the completion of the second tranche ("Tranche II") of its share buy-back programme which was announced on 12 January 2022. Relevant details of this Tranche II are set forth below:

Commencement Date:

Wednesday, 19 January 2022

Completion Date:

Thursday, 20 January 2022

Mode:

Open Market on

Nigerian Exchange

Limited

Total

Number

of

Shares

126,748,153 representing 0.74% of the

Company's issued

and fully paid

Repurchased:

ordinary shares

Total Value of Shares Repurchased:

N

35,095,387,044.59

Average Price:

N

276.89

Following the conclusion of Tranche II, the total number of residuals issued and fully paid outstanding shares of DCP amounts to 16,873,559,251. The repurchased shares will be held as treasury shares and may subsequently be cancelled.

Execution of this Tranche II did not have any material impact on the Company's financial position.

For more information, please contact:

Temilade Aduroja

Head, Investor Relations

InvestorRelationsDangoteCement@dangote.com

Yours faithfully,

For: DANGOTE CEMENT PLC

Edward Imoedemhe

Deputy Company Secretary

Directors: Mr. Aliko Dangote, GCON (Chairman); Mr Michel Puchercos, GMD (French); Mr. Philip Mathew, DGMD (Indian); Mr. Olakunle Alake;

Mr. Abdu Dantata; Mr. Devakumar V.G. Edwin (Indian); Mr. Ernest Ebi, MFR; Mr. Emmanuel Ikazoboh; Mr. Douraid Zaghouani (French); Mrs. Dorothy Udeme Ufot, SAN; Mr. Viswanathan Shankar (Singaporean); Mrs. Cherie Blair, CBE QC (British); Sir Michael Davis (British); Ms. Berlina Moroole (South African)

Disclaimer

Dangote Cement plc published this content on 26 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2022 09:55:02 UTC.


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