Food Concepts PLC Rights Issue of 5,831,553,981 Ordinary Shares of N0.50 each at N0.62 per Share

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Friday, August 02, 2019 / 07:04 PM / NASD Plc

 

Food Concepts Plc is undertaking a right issue to finance the company's growth and expansion plans.
Find details of the offer below:

  • Issuing House :                FCMB Capital Markets Limited
  • Now being issued:           5,831,553,981 Ordinary Shares of 0.50 at 0.62 per share
  • Method of Offer:              By way of Rights Issue to existing shareholders
  • Issue Price:                       0.62 per share
  • Payment:                           In full on acceptance
  • Opening Date:                  12 August 2019
  • Closing Date:                    23 August 2019
  • Provisional Allotment:   11 new Ordinary shares for every 28 Ordinary shares of 0.50 each held as at the close of business on 17 May 2019

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Market Activities For Week 31

Market Summary

As at close of trade week on 02 August 2019, market Capitalisation increased to 518.49 billion from last week's previous 517.17 billion, which shows a 0.26% increase in Capitalisation. Also the NSI for the week ended 02 August 2019 recorded a increase from 719.86 points to 721.70  points.


Trade Summary

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Market in Numbers (Year-to-Date)

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Macro-economic Indicators 

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