Tags: rights issue

Stanbic IBTC Holdings PLC Successfully Launches Its ₦148.7 Billion Rights Issue

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced the opening of its ₦148.7 billion Rights Issue. The Rights Issue, which opened on 15 January 2025, and closes on 21 February 2025, offers existing shareholders the opportunity to subscribe to 2,944,772,083 Ordinary Shares of 50 kobo each at ₦50.50 per share. The…

Guinness Nigeria Kicks Off N40b Rights Issue

Following shareholder approval received in January, Guinness Nigeria Plc has now received clearance of the issue documents from the Securities and Exchange Commission and approvals from the Nigerian Stock Exchange to list the new Guinness Nigeria shares on The Nigerian Stock Exchange. The funds raised will support the Company in executing its strategy in the…