[XNSA]>> TRANS- NATIONWIDE EXPRESS PLC: PROPOSED RIGHTS ISSUE | InfoWARE Finance
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[XNSA]>> TRANS- NATIONWIDE EXPRESS PLC: PROPOSED RIGHTS ISSUE
(Source: NSE, Date: 08-Jan-2025)
MARKET BULLETIN 8 January 2025 NGXREG/IRD/MB01/25/1/8 Trans- Nationwide Express Plc: Proposed Rights Issue Trading License Holders are hereby notified that Trans-Nationwide Express Plc (TRANEX or the Company) has through its Stockbrokers, Meristem Stockbrokers Limited, submitted an application to Nigerian Exchange Limited for the approval and listing of a Rights Issue of Four Hundred and Ninety-Eight Million, One Hundred and Fifty Thousand and Seventy-Seven (498,150,077) ordinary shares of 50 Kobo each at N1.05 per share on the basis of one (1) new ordinary share for every one (1) ordinary shares held as at the close of business on Tuesday, 7 January 2025. The Qualification Date for the Rights Issue is 7 January 2025. This is for your information please. Godstime Iwenekhai Head, Issuer Regulation Department
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