Shareholders Increase Investment in Presco, Oversubscribe N236.67bn Rights

Shareholders Increase Investment in Presco, Oversubscribe N236.67bn Rights

By Dipo Olowookere Shareholders of Nigeria’s leading fully integrated edible oils and fats company, Presco Plc, recently increase their investment in the business by oversubscribing its N236.67 billion rights issue. The exercise, which commenced on November 12, 2025, and ended on December 2, 2025, witnessed a subscription rate of 103 per cent. The strong participation […]

Presco Plc Rights Issue Records 103% Subscription

Presco Plc has announced the successful completion of its Rights Issue, which recorded an impressive 103% subscription level, reflecting strong shareholder participation and an overwhelming confidence in the Company’s strategic direction and long-term growth outlook. The Rights Issue attracted demand in excess of the offer size, underscoring sustained investor appetite for Presco Plc’s equity and […]