eTranzact Plc: Listing of Additional Shares Arising from Rights Issue of 4.67bn Ordinary Shares


Monday April 19,  2021 / 03:03 PM / by NGX Group / Header Image Credit: eTranzact


2,434,566,483 ordinary shares of eTranzact Plc (the Company) were listed on the Daily Official List of the Nigerian Exchange Limited (the Exchange) on Monday, 12 April 2021.


The additional shares listed on the Exchange arose from the Company's Rights Issue of 4,666,666,667 ordinary shares of 50 kobo each at N1.50 Kobo per share on the basis of ten (10) new ordinary shares for every nine (9) ordinary shares held as at Wednesday, 25 March 2020. The Rights Issue was 52.17% subscribed.


With this listing of the additional 2,434,566,483 ordinary shares, the total issued and fully paid up shares of eTranzact Plc has now increased from 4,200,000,000 to 6,634,566,483 ordinary shares of 50 kobo each.


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