By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Drugmaker, Pharma Deko Plc said on Friday it has listed 482,754 ordinary shares of the company at N1.80 per share on the Daily Official List (DOL) of the Nigerian Stock Exchange (NSE).

“Consequently, the total issued and fully paid up shares of Pharma Deko Plc has increased from 216,337,694 ordinary shares to 216,820,448 ordinary shares,” the company said in an issuers announcement with the NSE.

The manufacturer of pharmaceuticals products in Nigeria on December 17, 2014 sought to raise fresh funds by offering via a rights issue of 150 million ordinary shares of 50 kobo each at N1.80 kobo per share on the basis of three (3) new ordinary shares for every two (2) ordinary shares held as at the close of business on September 9, 2013 for those shareholders whose name appear on the Register of Members of the company.

Issuing house to the offer is Integrated Trust & Investment Limited.