Home Business Capital eTranzact Lists Additional 2.43 Bn Shares from Rights Issue of 4.67bn Ordinary Shares
Capital

eTranzact Lists Additional 2.43 Bn Shares from Rights Issue of 4.67bn Ordinary Shares

Share
Share

April 19, 2021/NGX Group

Image Credit: eTranzact Plc
2,434,566,483 ordinary shares of eTranzact Plc (the Company) were listed on the Daily Official List of the Nigerian Exchange Limited (the Exchange) on Monday, 12 April 2021.

The additional shares listed on the Exchange arose from the Company’s Rights Issue of 4,666,666,667 ordinary shares of 50 kobo each at N1.50 Kobo per share on the basis of ten (10) new ordinary shares for every nine (9) ordinary shares held as at Wednesday, 25 March 2020. The Rights Issue was 52.17% subscribed.

With this listing of the additional 2,434,566,483 ordinary shares, the total issued and fully paid up shares of eTranzact Plc has now increased from 4,200,000,000 to 6,634,566,483 ordinary shares of 50 kobo each.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

CSCS Partners ONSA For 2024 Cybersecurity Conference

Central Securities Clearing System PLC (CSCS) is excited to announce the forthcoming...

Leadway Capital & Trusts Appoints Sola Seweje As MD, As Ayodeji Wuraola Retires

Leadway Capital and Trusts Limited (LCTL) has announced a significant leadership change...

Access Corporation, MTN Nigeria Drive Equity Market To N607bn Gain

The Nigerian equity market gained N607bn in market capitalisation in the past...

United Capital Leads Issuance Of Inaugural Domestic FGN US Dollar Bond

Nigeria’s leading financial services group, United Capital Group, acted as the Lead...