02

Nov

Preline Limited completes mandatory takeover of 1,300,000 ordinary shares equivalent to 0.10% equity stake in Eterna Plc

Eterna Plc has notified the Nigerian Exchange and the general public that following the granting of the ‘‘Authority to proceed’’ by the Securities and Exchange Commissions and its earlier announcement dated 19th April 2022, Preline Limited has notified Eterna Plc of the completion of the Mandatory Takeover of 1,300,000 ordinary shares equivalent to 0.10% equity stake in[…]

Ecobank repays holders of its $400m Convertible Debt

Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, has announced today that it has repaid upon maturity the 5-year US$400 million convertible debt issued in September and October 2017. The holders of the convertible debt did not exercise their option to convert their holding into ordinary shares during the conversion period of 19[…]