[XNSA]>> UPDATED: PROPOSED RIGHTS ISSUE PRESCO PLC | InfoWARE Finance
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[XNSA]>> UPDATED: PROPOSED RIGHTS ISSUE PRESCO PLC
(Source: NSE, Date: 14-Oct-2025)
MARKET BULLETIN 14 October 2025 NGXREG/IRD/MB78/25/10/13 Presco Plc: Proposed Rights Issue Trading License Holders are hereby notified that Presco Plc (the Company) has through its Stockbrokers, CardinalStone Securities Limited, Dunbell Securities Limited, Meristem Stockbrokers Limited and Stanbic IBTC Stockbrokers Limited, submitted an application to Nigerian Exchange Limited for the approval and listing of a Rights Issue of One Hundred and Sixty-Six Million, Six Hundred and Sixty-Six Thousand, Six Hundred and Sixty-Seven (166,666,667) ordinary shares of 50 Kobo each at N1,420 per share on the basis of one (1) new ordinary share for every six (6) existing ordinary shares held as at the close of business on Monday, 13 October 2025. The Qualification Date for the Rights Issue is Monday, 13 October 2025. This is for your information please. Godstime Iwenekhai Head, Issuer Regulation Department
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