US EditionUBA Lists 6.84bn Rights Issue to Increase Capitalisation - InsideBusiness - Business News in Nigeria
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UBA lists N6.84bn Rights Issue to boost capital base – Businessamlive
Onome Amuge United Bank for Africa Plc (UBA) has officially listed 6,839,884,274 additional shares on the Nigerian Exchange (NGX), following a successful Rights Issue. This move is expected to boost the pan-African financial institution’s capital base and reinforce investor confidence. The shares were offered at N35.00 per share, on the basis of one new share for every five held by shareholders as of November 5, 2024. This Rights Issue forms par…
UBA Lists 6.84bn Rights Issue to Increase Capitalisation - InsideBusiness - Business News in Nigeria
The United Bank for Africa Plc (UBA) has officially listed 6,839,884,274 Rights Issue on the Nigerian Exchange (NGX) to bolster the bank’s capital expansion journey and reinforce investor confidence in the pan-African financial institution. UBA offered the shares at ₦35.00 per share based on one (1) new share for every five (5) held by shareholders as of 5 November 2024. The Rights Issue was part of a larger programme involving 34.2 billion ordi…
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