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[XNSA]>> WEMA BANK PLC: ACTIVATION OF CODE FOR TRADING IN RIGHTS | InfoWARE Finance

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[XNSA]>> WEMA BANK PLC: ACTIVATION OF CODE FOR TRADING IN RIGHTS
(Source: NSE, Date: 25-Apr-2025)
 MARKET BULLETIN


14 April 2025				                                                          NGXREG/IRD/MB29/25/04/14


Wema Bank Plc: Activation of Code for Trading in Rights  

Trading Licence Holders are hereby notified that trading in Wema Bank Plc?s Rights Issue of 14,286,785,417 ordinary shares of 50 Kobo each at N10.45 per share on the basis of two (2) new ordinary shares for every existing three (3) ordinary shares held as at the close of business on Wednesday, 5 March 2025, opened on Monday, 14 April 2025.

Below are details of the Rights:
Issuer	              Wema Bank Plc
Name	              WEMA BANK 2025 RIGHTS
Quantum offered	14,286,785,417 ordinary shares of 50 kobo
Right Issue Price	N10.45
Symbol Code	RR25WEMA 
ISIN	              NGRR25WEMA02
Ratio	              2 for 3
Opening date	14 April 2025
Closing date	21 May 2025
Registrars	Greenwich Registrars & Data Solutions Limited


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