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Guinness Nigeria Plc Rights Issue Opens on July 24, 2017

Proshare

Wednesday, July 26, 2017/11:05AM/ Capital Bancorp

Guinness Nigeria Plc rights issue of 684,494,631 ordinary shares of 50 kobo each at NGN58 per share opens today in the ratio of 5 new shares for every 11 shares held by shareholders whose name appeared in the register of members of the company as at 15 March 2017.

Acceptance list opens:             Monday, 24 July 2017 

Acceptance list closes:            Wednesday, 30 August 2017 

The company plans to raise NGN39.70 billion at NGN58 which is a 12.25% discount from the NGN66.10 it closed on Friday the 21st of July 2017.

Investors interested in picking up or trading their rights are advised to contact their stockbrokers.

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