By InvestAdvocate
Lagos (INVESTADVOCATE)-Diamond Bank Plc Friday announced a rights issue of N50. 4 billion.
The Nigerian mid-tier lender said it has submitted application for a rights issue of 8,685,145,863 ordinary shares of 50 kobo each at N5.80 per share.
The Bank said the qualification date for the rights exercise is June 13, 2014.