Access Holdings’ paid-up shares up 50% after rights issue

The total issued and fully paid-up shares of Access Holdings have increased from 35.54 billion to 53.32 billion following the completion of its rights issue.

Additional 17.77 billion ordinary shares at N19.75 per share of Access Holdings were listed on the Daily Official List of Nigerian Exchange Limited (NGX) on Friday, according to the bourse’s weekly report released on Friday.

“The additional shares listed on NGX arose from Access Holdings Rights Issue of 17,772,612,811 ordinary shares of 50 Kobo each at N19.75 per share,” it said.