Categories: Business

eTranzact list additional 2.6bn shares

THE Nigerian Exchange Limited has listed the additional shares of eTranzact International Plc on its board.

A sum of 2,565,433,333 ordinary shares of 50 Kobo each arising from the conversion of N5,772,225,000.00 Zero Coupon Unsecured Subordinated Irredeemable Convertible Debenture stock to equity at N2.25 per share was listed on the local bourse on September 28, 2022.

According to the notice on the NGX website, “Trading Licence Holders are hereby notified that additional 2,565,433,333 ordinary shares of 50 kobo each of eTranzact International Plc were on Wednesday, 28 September 2022, listed on the Daily Official List of the Nigerian Exchange Limited (NGX).

With this listing of the additional 2,565,433,333 ordinary shares, the total issued and fully paid up shares of eTranzact have now increased from 6,634,566,483 to 9,199,999,816 ordinary shares of 50 kobo each.

 

ALSO READ FROM NIGERIAN TRIBUNE

 

Recent Posts

ADC plots to test coalition’s strength with Lagos LG elections

•Holds talks with PDP, LP candidates Lagos State may witness the first major battle between…

10 minutes ago

IMF applauds CBN’s reforms, naira stability

The International Monetary Fund (IMF) has endorsed Nigeria’s recent financial sector reforms, particularly those led…

16 minutes ago

From the North, ‘a storm is coming’

Decades ago, my late mother pointed at a house to me: “Someone in that house…

51 minutes ago

The Enugu man who beat his mother to death over land tussle

THE burgeoning proclivity for desperate and single-minded pursuit of and devotion to materialism by some…

1 hour ago

Uncertainty looms over N5bn seaport revenue as court nullifies POF collection

The quest by the Council for Regulation of Freight Forwarding in Nigeria (CRFFN) to generate…

2 hours ago

Money market rates set to ease slightly as N130bn T-bills mature

The Nigerian money market is expected to experience a slight easing in interest rates this…

3 hours ago