NGX Delists 11 Plc From Its Daily Official List, Market CAP Drops by N39bn

Proshare

Saturday May 08,  202/ 03:00 PM / by NGX / Header Image Credit: 11 Plc                

 

The Market and Investing Public are hereby notified that the entire share capital of 11 Plc were delisted from The Daily Official List of the Nigerian Exchange Limited (the Exchange) on Friday, 7 May 2021.

 

The delisting of the entire issued share capital of 11 Plc followed its shareholders' approval to delist from the Exchange.

 

Editor's Note

At the close of trading on Friday May 8th, 2021, the NSEAASI closed postive with +0.21% gain while Market CAP moved in the opposite direction with -0.19% loss whch represents about N39.05bn drop in Market CAP from N20.47trn on Thursday May 7th 2021 to N20.43trn on Friday May 8th 2021.

 

As at the closing of trading on Friday when the shares of 11 Plc were delisted , its Market CAP stood at N82.22bn.

 

It is pertinent to state that the delisting of the 360.59mln units of shares of 11 Plc led to the negative closure and drop recorded in Market CAP on the last trading day of the week.

 

Proshare Nigeria Pvt. Ltd.


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