Access Holdings Plc Gets SEC Nod for N351.01Bn Rights Issue

Image Credit: Access Holdings

July 8, 2024/NGX

Access Holdings Plc notified its shareholders and the Nigerian Exchange Limited (NGX) that the Company has obtained the approval of the Securities and Exchange Commission (SEC) to execute a Rights Issue of 17,772,612,811 Ordinary Shares of N0.50 each at N19.75 per share, on the basis of 1 Ordinary Share for every 2 Ordinary Shares held as of June 7, 2024.

The Qualification Date for the Rights Issue is June 7, 2024. The Offer opens on Monday, July 8, 2024, and closes on Wednesday, August 14, 2024.

The Rights Circular will be distributed to shareholders by the Registrars to the Offer, Atlas Registrars Limited, while the application forms will also be available on the following websites

  1. Access Corporation 
  2. Chapel Hill Denham 
  3. Coronation Merchant Bank
  4. Atlas Registrars

The company advises all shareholders to contact their stockbrokers for more information about the offer.

Leave a Comment

Your email address will not be published. Required fields are marked *

*