[XNSA]>> UNITED BANK FOR AFRICA PLC: PROPOSED RIGHTS ISSUE | InfoWARE Finance
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[XNSA]>> UNITED BANK FOR AFRICA PLC: PROPOSED RIGHTS ISSUE
(Source: NSE, Date: 06-Nov-2024)
MARKET BULLETIN 5 November 2024 NGXREG/IRD/MB83/24/11/5 United Bank for Africa Plc: Proposed Rights Issue Trading License Holders are hereby notified that United Bank of Africa Plc (UBA or the Bank) has through its Stockbrokers, United Capital Securities Limited, submitted an application to Nigerian Exchange Limited for the approval and listing of a Rights Issue of Six Billion, Eight Hundred and Thirty-Nine Million, Eight Hundred and Eighty-Four Thousand, Two Hundred and Seventy-Four (6,839,884,274) ordinary shares of 50 Kobo each at N35.00 per share on the basis of one (1) new ordinary share for every five (5) ordinary shares held as at the close of business on Tuesday, 5 November 2024. The Qualification Date for the Rights Issue is 5 November 2024. This is for your information and necessary action, please. Godstime Iwenekhai Head, Issuer Regulation Department.
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