Access Holdings Plc has informed its shareholders and Nigerian Exchange Limited that the period of the Acceptance List for its Rights Issue has been extended to August 23, 2024. The Rights Issue which opened on July 8, 2024 was meant to close on August 14, 2024.
The extension follows the approval of the Securities and Exchange Commission (SEC).
Read also: Access Holdings’ trailblazing role in connecting Africa to global markets
Access Holdings said, “The decision is in response to the recent nationwide protest that disrupted operations of businesses and individuals across Nigeria and to provide shareholders with ample opportunity to subscribe to their rights”.
“During the extended period of the Issue, dealings by the Company’s insiders on the Company’s shares will continue to be strictly limited to participation in the Rights Issue as earlier approved by the Exchange in respect of the Non-Dealing Period on the Company’s Audited Interim Financial Statements for the Period Ended June 30, 2024, until 24 hours after the publication of the Interim Financial Statements,” it said.
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