NSE Announces additional 7.4 billion units of right issues in Lafarge Africa

According to the Listings Regulation Department of the NSE Lafarge Africa Plc has Listed Additional 7,434,367,256 Ordinary Shares Issued by way of a Rights Issue Dealing Members are hereby notified that additional 7,434,367,256 ordinary shares of Lafarge Africa Plc (Lafarge) were listed on the Daily Official List of The Nigerian Stock Exchange on 26 March 2019. The additional shares listed arose from Lafarge’s Rights Issue of 7,434,367,256 ordinary shares of 50 kobo each at N12 per share on the basis of 6 new ordinary shares for every 7 ordinary shares held as at 4 December 2018. The Rights Issue was 100% successful. With this listing of the additional 7,434,367,256 ordinary shares, the total issued and fully paid up shares of Lafarge has now increased from 8,673,428,240 to 16,107,795,496 ordinary shares.

Lilian Dako, For: Head, Listings Regulation Department

Leave a Reply

Your email address will not be published. Required fields are marked *