Dangote flour Mills Allotment Result

Category: Public Offers Private Placements


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Dangote flour Mills Allotment Result

 

Allotment of the above named Company’s recent IPO has been concluded. Find below the basis of allotment schedule for your use.

 

Further details will be provided as and when made public.
 
       
  DANGOTE FLOUR ILLS PLC OFFER FOR SALE OF 1,250,000,000 ORDINARY SHARES
OF 50 KOBO EACH AT N15.00 PER SHARE
BASIS OF ALLOTMENT: RANGE ANALYSIS FOR VALAID APPLICATIONS -(GENERAL)  
         
         
  RANGE No. of Holders % alloted  
  1,000 - 1,000 90,947 100.00%  
  1,001 - 2,000 71,299 60.00%  
  2,001 - 5,000 150,187 25.00%  
  5,001 - 10,000 125,796 17.20%  
  10,001 - 25,000 70,411 35.55%  
  25,001 - 50,000 29,961 12.35%  
  50,001 - 100,000 8,365 11.55%  
  100,001 - 250,000 3,045 10.25%  
  250,001 - 500,000 1,224 8.75%  
  500,001 - 1,000,000 409 8.25%  
  1,000,001 - 5,000,000 244 7.55%  
  5,000,001 - 20,000,000 40 5.75%  
  20,000,001 - 50,000,000 4 5.33%  
         
         
  TOTAL 551,932    
         
  Preferential Allotment 6 100.00%  
         
  GRAND TOTAL 551,938  
 
 
 
Source: Meristem


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