September 25, 2023/NGX
Transcorp Hotels Plc has notified that further to the Company achieving compliance with Nigerian Exchange Limited’s (NGX) free float requirement for companies listed on its Main Board, the NGX has removed the Compliance Status Indicator (CSI) of BLS (Below Listing Standard) placed beside the Company’s name across NGX’s platform.
The removal was sequel to the NGX RegCo’s monitoring of the Company’s free float compliance status for a period of three (3) months. As at 21st September 2023, Transcorp Hotel’s free float stood at 12.78% with a value (market capitalization) of N58, 788,278,971.52. The Company is committed to remaining compliant with its post listing obligations, while consistently delivering value to its investors and stakeholders.
