[XNSA]>> EXTENSION IN TRADING OF UBA PLC'S RIGHTS ISSUE | InfoWARE Finance
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[XNSA]>> EXTENSION IN TRADING OF UBA PLC'S RIGHTS ISSUE
(Source: NSE, Date: 08-Sep-2025)
MARKET BULLETIN 8 September 2025 NGXREG/IRD/MB67/25/09/8 United Bank for Africa Plc: Ten (10) Working Days Extension for Trading in the Rights Issue We refer to our market bulletin of 31 July 2025 with reference number: NGXREG/IRD/MB54/25/07/31 wherein the market was notified that trading in United Bank for Africa Plc?s (the Company) Rights Issue of 3,156,869,665 ordinary shares of 50 Kobo each at N50.00 per share on the basis of one (1) new ordinary share for every thirteen (13) ordinary shares held as at the close of business on Wednesday, 16 July 2025 opened on, Wednesday, 30 July 2025. Trading Licence Holders are hereby notified that United Bank for Africa Plc has obtained the approval of the Securities and Exchange Commission (SEC) to extend the period of the Rights Issue by ten (10) working days. Consequently, trading in the Company?s Rights will now close on Friday, 19 September 2025. Below are details of the Rights: Issuer United Bank for Africa Plc Name UNITED BANK OF AFRICA 2025 RIGHTS Quantum offered 3,156,869,665 ordinary shares of 50 Kobo Rights Issue Price N50.00 Symbol Code RR25UBA ISIN NGRR25UBA004 Ratio 1 for 13 Opening date 30 July 2025 Initial closing date 05 September 2025 New Closing Date 19 September 2025 Registrar PAC Registrars & Investor Services Limited Issuer United Bank for Africa Plc This is for your information please. Godstime Iwenekhai Head, Issuer Regulation Department
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