Fidson Healthcare Lists Additional Shares

Fidson Healthcare Plc has on Monday July 8, listed additional 586,360,250 ordinary shares issued by way of a right issue. According to a statement from Head of Listing Regulation Department Nigerian Stock Exchange (NSE), Godstime Iwenekhai, the additional 586,360,250 ordinary shares were listed on the Daily Official List on Monday, 1 July 2019.

The additional shares listed arose from Fidson Healthcare’s Rights Issue of 750,000,000 ordinary shares of 50 kobo each at N4.00 per share on the basis of 1 new ordinary share for every 2 ordinary shares held as at 28 December 2018.

The Rights Issue was 78.18% successful, with this listing of the additional 586,360,250 ordinary shares, the total issued and fully paid up shares of Fidson Healthcare has now increased from 1,500,000,000 to 2,086,360,250 ordinary shares.