[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: 05-May-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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