Newrest ASL Nigeria Plc’s listing status on the Nigerian Stock Exchange has changed. Below are the details of the listing status change:

Full trading name:Newrest ASL Nigeria Plc
Exchange alpha code:AIRSER.ng
ISIN code:NGAIRSERVIC9
Stock exchange name:Nigerian Stock Exchange
Type of shares:Ordinary
Old listing status:Suspended
New listing status:Delisted
Notification date:15/05/2019
Effective date:13/05/2019

About the company

Newrest ASL Plc is a multi-sector catering company in Nigeria specialising in out-of-home food services for the hospitality, aviation, mining and corporate sectors. It is the only multi-sector catering company in Nigeria. The company’s service footprint extends to 49 countries around the world. The catering operation is extensive with over 30 000 employees turning out more than a million meals a day. Newrest ASL Plc’s client base includes: airline companies, providing menu design, skills training, logistics management, picking and packing bars and dry stores and catering for airport lounges and VIP flights; railway companies, offering catering, cleaning and logistic services to railway operators through Newrest Wagons-Lit; oil, gas and mining companies, offering catering services for remote sites; and commercial and corporate entities, handling daily meal plans and catering for functions, inhouse restaurants and cafeterias. Newrest ASL supplies and markets its own inhouse brands which includes Le RDV, Daily Break, Caffé Lindo, Sky Shop and The Lunch. Newrest ASL Plc is majority-owned by its management where over 300 managers have a combined stake in the business of 88.7%. The company’s head office is in Lagos, Nigeria.