Lafarge Africa Plc Proposed Rights Issue of 3.09bn Ordinary Shares


Friday, November 24, 2017 /2:40 PM /NSE

Dealing Members are hereby notified that the Rights Issue of Lafarge Africa Plc of 3,097,653,023 ordinary shares of 50 Kobo each at the offer price of N42.50 per share on the basis of five (5) new ordinary shares for every nine (9) ordinary shares held as at 01 November 2017 will be opened for subscription as shown below:

Acceptance list opens: Friday, 24 November 2017

Acceptance list closes: Friday, 15 December 2017

Please note that trading in the Rights of Lafarge Africa Plc will commence on Monday, 27 November 2017. This is due to the Company’s delay in communicating the Securities and Exchange Commission (SEC) approval to The Exchange for the creation of code.

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