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[XNSA]>> UNITED BANK FOR AFRICA PLC: ACTIVATION OF CODE FOR TRADING IN RIGHTS
(Source: NSE, Date: 20-Nov-2024)
 MARKET BULLETIN


 18 November 2024					 NGXREG/IRD/MB86/24/11/18


United Bank for Africa Plc: Activation of Code for Trading in Rights  

Trading Licence Holders are hereby notified that trading in United Bank for Africa Plc?s Rights Issue of 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 existing five (5) ordinary shares held as at the close of business on Tuesday, 5 November 2024, opened on Friday, 15 November 2024.

Below are details of the Rights:

Issuer	                  United Bank for Africa Plc
Name	                  UNITED BANK FOR AFRICA 2024 RIGHTS
Quantum offered	 6,839,884,274 ordinary shares of 50 kobo 
Rights Issue Price	 N35.00
Symbol Code	 RR24UBA
ISIN	                NGRR24UBA007
Ratio	                1 for 5
Opening date	15 November 2024
Closing date	24 December 2024

Registrar	PAC Registrars Limited

This is for your information and records update, please.
 
Godstime Iwenekhai,
Head, Issuer Regulation Department



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