• Friday, May 24, 2024
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Dangote Sugar Refinery lists additional shares on NSE

Nigeria’s stock market goes the Bull lane

Dealing members of the Nigerian Stock Exchange (NSE) have been notified that additional 146,878,241 ordinary shares of Dangote Sugar Refinery Plc were on Wednesday, September 30 listed on the Daily Official List of the Nigerian Stock Exchange.

The additional shares listed on The Exchange arose from the Scheme of Merger between Dangote Sugar Refinery Plc and Savannah Sugar Company Limited.

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With this listing of the additional 146,878,241 ordinary shares, the total issued and fully paid up shares of Dangote Sugar Refinery Plc has now increased from 12billion to 12.146billion ordinary shares of 50 kobo each.