AIR LIQUIDE NIGERIA PLC RIGHTS ISSUE OF 414,000,000 ORDINARY SHARES OF N0.50 EACH AT N5.00 PER SHARE

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