Prestige Assurance Revises Terms to Its Proposed Rights Issue

Proshare

Tuesday, March 17,  2020 /06:09 PM / By NSE / Header Image Credit: Prestige Assurance

 

Further to the Market Bulletin with Reference Number: NSE/RD/LRD/MB07/20/01/31, dated 31 January 2020 on the above subject, NSE hereby notified of the revised terms to the proposed Rights Issue by Prestige Assurance Plc (the Company).

 

The revised terms of the Rights Issue are as follows: Thirteen Three Billion, Six Hundred and Thirty-Five Million, Seven Hundred and Ninety-Six Thousand, and Six (13,635,796,006) ordinary shares of 50 kobo each at 50 kobo per Share on the basis of 38 new Ordinary Shares for every 15 Ordinary Shares held as at the close of business on Friday, 31 January 2020.

 

The table below highlights key terms of the Rights Issue and reflects where there are changes:

Proshare Nigeria Pvt. Ltd.

 

One Year Share Price Movement

Proshare Nigeria Pvt. Ltd.

 

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