AIR LIQUIDE NIGERIA PLC is undertaking a rights issue to pay down its debt obligations,finance capital expenditures and working capital requirements.
Find details of the offer below:
Issuing House: Stanbic IBTC Capital Limited
Now being issued: 414,000,000 Ordinary Shares of N0.50 at N5.00 per share
Method of Offer: By way of Rights Issue to existing shareholders
Issue Price: N5.00 per share
Payment: In full on acceptance
Opening Date: 04 November 2019
Closing Date: 29 November 2019
Provisional Allotment: 23 new Ordinary shares for every 10 Ordinary shares of N0.50 each held as at the close of business on 15 October 2019
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