REDSTAREX Submits An Application To The NSE For The Approval And Listing of A Rights Issue

Wednesday, August 21, 2019   /02:52PM / By NSE / Header Image Credit: Red Star Express Plc

Red Star Express Plc has through its Stockbroker, APT Securities and Funds Limited, has submitted an application to The Nigerian Stock Exchange for the approval and listing of a Rights Issue of Two Hundred and Ninety Four Million, Seven Hundred and Forty Eight Thousand, Three Hundred and Eighty (294,748,380) ordinary shares of Fifty Kobo (N0.50) each at Four Naira Fifty Kobo (N4.50) per share, on the basis of one (1) new share for every two (2) ordinary shares held.

The Qualification Date for the Rights Issue is today Wednesday, 21 August 2019

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