Eterna Plc Opens N21.52b Rights Issue to Fund Expansion

Eterna Plc opens N21.52b rights issue to fund expansion

Eterna Plc has officially opened its N21.52 billion Rights Issue, as the integrated energy company moves to strengthen its balance

Eterna Plc launches N21.5bn rights issue

The offer comprises 978,108,485 ordinary shares of 50 kobo each, priced at ₦22.00 per share. The post Eterna Plc launches N21.5bn rights issue appeared first on Premium Times Nigeria.

Eterna Plc Launches ₦21.5bn Rights Issue for Expansion

Eterna Plc has undertaken a ₦21.5 billion rights issue as part of its strategy to reinforce its balance sheet and finance expansion across key segments of its operations. The energy company is rolling out 978,108,485 ordinary shares, each valued at 50 kobo, priced at ₦22.00 per share for existing shareholders. Approved by the Securities and Exchange Commission, the offer gives three new shares for every four already held as of November 27, 2025.…

Eterna Urges Shareholders to Buy N21.5bn Rights Issue Via NGX Invest

By Aduragbemi Omiyale The N21.5 billion rights issue of Eterna Plc has commenced, with shareholders encouraged to participate in the exercise through the NGX Invest platform. The rights issue began today, Monday, January 12, 2026, and is expected to close on Wednesday, February 18, 2026, a notice signed by the company secretary, Mr David Edet, […]

Eterna Begins Rights Issue, Seeks ₦21.52bn Capital Raise - Tech

Eterna Plc has commenced a rights issue after securing approval from the Securities and Exchange Commission (SEC) to raise ₦21.52 billion from existing shareholders. The downstream oil and gas firm is offering 978,108,485 ordinary shares of ₦0.50 each at ₦22.00 per share, according to a disclosure filed with the Nigerian Exchange Group (NGX) on Monday, January 12, 2026. The disclosure, signed by the company’s General Counsel and Company Secretar…

Eterna Plc Launches N22bn Rights Issue To Fund Expansion

Eterna Plc has commenced a rights issue of 978,108,485 ordinary shares of 50 kobo each at N22.00 per share, following approvals from the Securities and Exchange Commission and the Nigerian Exchange Limited (NGX). In a notice to shareholders dated January 12, 2026, the company said the offer is being made to existing shareholders on the... The post Eterna Plc Launches N22bn Rights Issue To Fund Expansion appeared first on New Telegraph.