Morison Industries Plc Proposed 836.98m Rights Issue


Friday, November 24, 2017 10:50 AM /NSE 

Dealing Members are hereby notified that the Rights Issue of Morison Industries Plc of 836,983,125 ordinary shares of 50 Kobo each at the offer price of 60 Kobo per share on the basis of eleven (11) new ordinary shares for every two (2) ordinary shares held as at 25 August 2017 will now be opened for subscription as shown below:

Acceptance list opens: Friday, 24 November 2017

Acceptance list closes: Friday 05 January 2017

Please note that the change in the dates as earlier communicated to the market on 9 November 2017 via our market bulletin; NSE/LARD/LRD/MB03/17/11/09 is due to the delay the Company experienced in getting the Securities and Exchange Commission (SEC) approval.

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