By InvestAdvocate

Lagos (INVESTADVOCATE)-Oil marketing firm, Forte Oil Plc said on Thursday it listed a total of 217,080,184 units of shares added to the outstanding shares of the company resulting from the 1 for 5 bonuses.

With this supplementary listing, the new total outstanding shares of the company now stood at 1,302,481,103 units, according to Forte Oil in an issuer’s announcement to the Nigerian Stock Exchange (NSE).

Shares of the company on Thursday surged 10.13 percent to N215 from N195.22 recorded on Wednesday’s session gaining N19.78.