Abbey Mortgage Bank proposes Rights Issue of 3.69bn ordinary shares

Abbey Mortgage Bank has notified the investing public that its proposed Rights Issue of Three Billion, Six Hundred and Ninety-Two Million, Three Hundred and Seven Thousand, Six Hundred and Ninety-One (3,692,307,691) ordinary shares of 50 Kobo each at 82 Kobo per share on the basis of four (4) new ordinary shares for every seven (7) ordinary shares held as at 8 October 2020, has opened for subscription.

Acceptance list opened on Monday, 4 January 2021. Acceptance list closes on Thursday, 11 February 2021.

Leave a Reply

Your email address will not be published.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