Lafarge Africa Plc Lists 7.43bn Additional Shares From Its Rights Issue on NSE


Wednesday, March 27, 2019 6:21PM / NSE


An additional 7,434,367,256 ordinary shares of Lafarge Africa Plc (Lafarge) were listed on the Daily Official List of The Nigerian Stock Exchange on 26 March 2019. 

The additional shares listed arose from Lafarge’s Rights Issue of 7,434,367,256 ordinary shares of 50kobo each at #12 per share on the basis of 6 new ordinary shares for every 7 ordinary shares held as at 4 December 2018. The Rights Issue was 100% successful. 

With this listing of the additional 7,434,367,256 ordinary shares, the total issued and fully paid up shares of Lafarge has now increased from 8,673,428,240 to 16,107,795,496 ordinary shares.


Visit Lafarge Africa Plc IR Page in Proshare MARKETS


Graph 1: Lafarge Africa Plc – One Year Share Price Movement


Proshare Nigeria Pvt. Ltd.

Table: Q3 2018 Results

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd. 


Related News

1.       Lafarge Africa Plc Announces Board Changes And Adjournment of Board Meeting

2.      Lafarge Africa Plc Announces Rights Issue Result

3.      Lafarge Africa Board of Directors Approve Rights Issue Allotment Proposal For SEC Clearance

4.      Lafarge Africa Records 0.40% YTD Gains as Right Issue Closes

5.      Lafarge Africa Plc Extends Rights Issue Closure Date To Monday January 28, 2019

6.      Lafarge Africa Plc 2018-19 Rights Issue – Trading Below Its Rights Issue Price By 5.42%

7.      Lafarge Africa 2018 Rights Issue - To Accept or Renounce?

8.     Lafarge Africa Plc Holds Emergency Board Meeting to Consider The Rights Issue Price

9.      Lafarge Africa Plc Issues Explanatory Note on Q3 2018 Results Modifications

10. 5 Key Takeaways - Lafarge Africa Plc Q3 2018 Conference Call and Earnings Presentation

Proshare Nigeria Pvt. Ltd.
Related News