December 13, 2023/InvestmentOne Update
Kindly find below details of the on-going WEMA Rights Issue:
| Issuer: | Wema Bank Plc |
| Offer: | Rights Issue |
| Lead Issuing House | Greenwich Merchant Bank Limited |
| Joint Issuing House | Qualinvest Capital Limited |
| Stockbrokers | Global Asset Management Nig. Limited (Lead), Greenwich Securities Limited, Qualinvest Capital Limited |
| Provisional Allotment (Ratio): | Two (2) new ordinary shares for every Three (3) ordinary shares held at the qualification date |
| Number of new shares on offer: | 8,572,103,573 |
| Gross Issue Proceeds: | ₦39,946,002,650.18 |
| Qualification Date: | 28-Sep-23 |
| Opening Date: | 11-Dec-23 |
| Closing Date: | 29-Dec-23 |
| Offer Price: | ₦4.66 Per Share |
| Payment: | In full on acceptance |
Please be informed that the Registrar has advised qualified shareholders with their respective allotments (via email) , however, click Here to fill the application form.
