SEC approved Access Holdings Plc's N351bn ($842m) rights issue as part of a $1.5bn capital raising initiative.
Securities and Exchange Commission (SEC) approved Access Holdings Plc's N351bn ($842m) rights issue, a key part of its capital raising initiative aiming to raise up to $1.5bn. The issue will boost Access Holdings' financial position, support working capital needs, and fund growth across its banking and non-banking subsidiaries. Offering 17.77bn shares at N19.75 each, it opens July 8 and closes August 14.
July 07, 2024
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