Conditions precedent, ownership, deadlines and completion progress for each transaction.
| Ref | Requirement | Category | Owner | Due | Evidence | Status |
|---|---|---|---|---|---|---|
| CLS-01 | Share purchase agreement executed | Legal | Chidi Nwosu — Legal | Completed 2026-11-14 | share-purchase-agreement-executed.pdf | Complete |
| CLS-02 | Board resolutions obtained | Corporate | Fola Ade — Finance | Completed 2026-11-15 | board-resolutions-obtained.pdf | Complete |
| CLS-03 | Regulatory consent — FCCPC | Regulatory | Ada Umeh — Analyst | Completed 2026-11-16 | regulatory-consent-fccpc.pdf | Complete |
| CLS-04 | Tax clearance certificate current | Tax | Adeyemi & Cole Legal | Completed 2026-11-17 | tax-clearance-certificate-current.pdf | Complete |
| CLS-05 | Lender conditions precedent satisfied | Financing | Chidi Nwosu — Legal | Completed 2026-11-18 | lender-conditions-precedent-satisfied.pdf | Complete |
| CLS-06 | Escrow account opened and funded | Settlement | Fola Ade — Finance | 2026-12-09Due in 62 days | — | In progress |
| CLS-07 | Working capital statement agreed | Financial | Ada Umeh — Analyst | 2026-12-10Due in 63 days | — | In progress |
| CLS-08 | Key employee retention agreements signed | HR | Adeyemi & Cole Legal | 2026-12-11Due in 64 days | — | In progress |
| CLS-09 | Title and asset register verified | Operational | Chidi Nwosu — Legal | 2026-12-12Due in 65 days | — | Blocked |
| CLS-10 | Insurance transferred | Operational | Fola Ade — Finance | 2026-12-13Due in 66 days | — | Pending |
| CLS-11 | Disclosure letter agreed | Legal | Ada Umeh — Analyst | 2026-12-14Due in 67 days | — | Pending |
| CLS-12 | Completion accounts mechanism agreed | Financial | Adeyemi & Cole Legal | 2026-12-15Due in 68 days | — | Pending |