Wapic Insurance Plc Extends Rights Issue Offer Period to January 10, 2020

Must Read

- Advertisement -

Wapic Insurance Plc – Extension of Offer Period for the Rights Issue of 15,613,194,623 Ordinary Shares of 50 Kobo Each at N0.38 Per Share on the Basis of Seven (7) New Ordinary Shares for Every Six (6) Ordinary Shares Held as at the Close of Business on 19 September 2019.

Further to our Market Bulletin of 20 November 2019, wherein the Market was notified of the offer period for the Rights Issue of Wapic Insurance Plc, please be informed that the Securities and Exchange Commission (SEC) has approved a further extension of the offer period of Wapic Insurance Plc’s Rights Issue of 15,613,194,623 ordinary shares of N0.50 each at N0.38 per share on the basis of seven (7) new ordinary shares for every six (6) ordinary shares held as at the close of business on 19 September 2019.

With this SEC’s approval, the Offer which was initially scheduled to close on Tuesday, 31 December 2019 will now close on Friday, 10 January 2020.

- Advertisement -
spot_imgspot_img

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Read Also:  NSE notifies of Lifting of Suspension Placed On The Trading In The Shares of Universal Insurance Plc

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Guinness To Roll Out Sprawling Chicago Taproom-Slash-Community Hub-Brand Spur Nigeria

Guinness To Roll Out Sprawling Chicago Taproom-Slash-Community Hub

Guinness has just announced the launch of a 15,000-square foot, community-driven taproom in Chicago’s Fulton Market.It is the second location of the new neighborhood...
- Advertisement -
spot_imgspot_img

Latest News

Guinness To Roll Out Sprawling Chicago Taproom-Slash-Community Hub

Guinness has just announced the launch of a 15,000-square foot, community-driven taproom in Chicago’s Fulton Market.It is the second...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -spot_imgspot_img