Morison Industries Plc Submitted an Application for Approval and Listing of Rights Issue

Friday 25th August 2017 5:43PM/ NSE 

Morison Industries Plc (‘’Morison’’) has through its Stockbroker; GTI Securities Limited, submitted an application to The Nigerian Stock Exchange for approval and listing of a Rights Issue of 836,983,125 Ordinary Shares of 50 Kobo each at 60 Kobo per share on the basis of eleven (11) new Ordinary Shares for every two (2) Ordinary Shares of 50 Kobo held. 

The Qualification Date for the Rights Issue is today, 25 August 2017. 

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