Home Business Capital NGX Lists Mutual Benefit Assurance Additional 8.89 Billion Ordinary Shares Arising from Private Placement
Capital

NGX Lists Mutual Benefit Assurance Additional 8.89 Billion Ordinary Shares Arising from Private Placement

Share
Share

BusinessToday—Trading License Holders and the Investing Public are hereby notified that additional 8,888,888,889 ordinary shares of 50 kobo each of Mutual Benefits Assurance Plc (Mutual Benefits or the Company) were on Monday, 28 June 2021, listed on the Daily Official List of the Nigerian Exchange Limited (NGX).

The additional shares listed on NGX arose from Mutual Benefits’ private placement of 8,888,888,889 ordinary shares of 50 kobo each at N0.54 per share to Charles Enterprise LL.C and Arubiewe Farms Limited.

With this listing of the additional 8,888,888,889 ordinary shares, the total issued and fully paid-up shares of Mutual Benefits Assurance Plc has now increased from 11,172,733,508 to 20,061,622,397 ordinary shares of 50 kobo each.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

H2: Oando Announces 45% Growth In Revenue To N4.1Trillion  

Oando PLC, Africa’s leading integrated energy company, has announced a strong financial...

NGX Group Hosts Katsina State Governor, Strengthens Collaboration On Capital Market Opportunities

Nigerian Exchange Group (NGX Group) hosted the Executive Governor of Katsina State,...

EFCC, NGX RegCo To Strengthen Partnership On Market Integrity

NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange...

SEC Cautions Nigerians Against Risevest, Stecs Cooperative Societies, Says They Are Not Registered

BY NKECHI NAECHE- ESEZOBOR–The Securities and Exchange Commission (SEC) has warned the...