Home Business Industry Lafarge Africa Prices Rights Issue at N12.00 Per Share
Industry

Lafarge Africa Prices Rights Issue at N12.00 Per Share

Share
Share

Lafarge Africa Prices Rights Issue at N12.00 Per Share

 

Lafarge Africa Plc (“Lafarge Africa”) hereby notifies The Nigerian Stock Exchange of the clearance by The Securities and Exchange Commission (SEC) to open its announced N89.2 billion Rights Issue.

The offer opens on Monday 17th December, 2018 and will close on Wednesday 23rd January, 2019.

Lafarge Africa will raise N89.2 billion by way of a Rights Issue of 7,434,367,256 shares at N12.00 per share, by issuing 6 new shares for every 7 shares held by shareholders as at 4th December, 2018 which is the Qualification Date.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

BUA Foods Bags Multiple Awards

BUA Foods Plc, the makers of IRS Pasta, BUA Sugar, IRS Flour,...

BUA Foods Grows Revenue To N1.07 Trillion, Gross Profit Rises 82% In Nine Months

BUA Foods Plc, makers of BUA Sugar, BUA Rice, IRS Flour, IRS...

Access Holdings Reaffirms Commitment To Driving Inter-Intra-African Trade

..As Banking Subsidiary Targets November For African Trade Conference   Access Holdings...

Aliko Dangote Now 65th Richest Person In The World With $28Bn

Aliko Dangote, founder, chairman, and CEO of the Dangote Group. Image Credit:...