Tuesday, February 09, 2021 / 3:23PM / NSE / Header Image Credit: BrandSpur
Announces the result of the
Private Placement exercise of 3,010,800,000 ordinary shares of 50 kobo each at
N1.00 per share, with respect to the Private Placement Memorandum dated Monday,
January 4, 2021.
- A total of two (2)
applications for 3,010,800,000 ordinary shares were received in connection with
the Private Placement.
- All the two (2)
applications for 3,010,800,000 ordinary shares were found to be valid, accepted
and processed accordingly.
- The Private Placement
exercise is therefore 100% subscribed.
The breakdown of the
allotment is provided below:
The Securities &
Exchange Commission has cleared the Basis of Allotment stated above as well as
CSCS accounts of successful
allotees will be credited with shares allotted not later thaFnriday, February
12, 2021 by the Registrars to the Issue, Crescent Registrars Limite,d 23,
Olusoji Idowu Street, Ilupeju, Lagos.
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