68 Billion Naira Rights Issue: NSE Grants Access Bank final Approval

By InvestAdvocate

Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday said it has granted Access Bank Plc approval on its proposed 68 billion naira rights issue.

‘’Further to the announcement on 15 September 2014 where the share price of Access Bank Plc was placed on technical suspension pursuant to an anticipatory approval granted to the Bank, the Quotations Committee of Council of The Exchange yesterday granted final approval to the Bank,’’ the NSE said in a statement.

According to the NSE, the technical suspension will now run from 15 September 2014 to 15 October 2014. ‘’Normal transactions on the shares of the Bank will resume on 16 October 2014,’’ the NSE said.

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