Capital Market
UACN Property Development Company Plc Changes Name and Trading Symbol
UACN Property Development Company Plc has changed its name to UPDC Plc, according to the latest disclosure statement filed by the management of the company with the Nigerian Exchange Limited (NGX).
The company said “Trading License Holders and the investing public are hereby notified that the change of name of UACN Property Development Company Plc (the Company) to UPDC Plc has been implemented by Nigerian Exchange Limited.
UPDC Plc said the decision was in line with the resolution passed by the Company’s shareholders on 21 April 2021 and the company’s receipt of a new certificate of incorporation from the corporate affairs commission.
The company also announced that its trading symbol has changed from UAC-PROP to UPDC.
“Please note that the Company’s trading symbol has also changed from UAC-PROP to UPDC.”