Transcorp Hotels Seeks to Raise N10bn from Existing Shareholders

Must Read

- Advertisement -

Dealing Members are hereby notified that Transcorp Hotels Plc has through its Stockbroker, United Capital Securities Limited, submitted an application to The Nigerian Stock Exchange (NSE) for the approval and listing of a Rights Issue of Two Billion, Six Hundred and Fifty-Nine Million, Five Hundred and Seventy-Four Thousand, Four Hundred and Sixty-Eight (2,659,574,468) Ordinary Shares of Fifty Kobo (N0.50) each at Three Naira and Seventy-Six Kobo (N3.76) per share, on the basis of Seven (7) new ordinary shares for every Twenty (20) ordinary shares held.

The Qualification Date for the Rights Issue is Monday, 13 July 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

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

Latest News

E-Naira

CBN’s e-Naira Website Goes Live Ahead Of October 1

The Central Bank of Nigeria’s (CBN) e-Naira website has gone live ahead of October 1 official launch.According to the website, www.enaira.com, “eNaira is a...
- Advertisement -
spot_imgspot_img

Latest News

CBN’s e-Naira Website Goes Live Ahead Of October 1

The Central Bank of Nigeria’s (CBN) e-Naira website has gone live ahead of October 1 official launch.According to the...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -spot_imgspot_img