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 Eterna Plc from other shareholders at a price of N13.50 per share.

This notification is in fulfilment of Company’s disclosure obligations in line with Regulatory guidelines and  corporate responsibility to stakeholders.

Source: Preline Limited completes mandatory takeover of 1,300,000 ordinary shares equivalent to 0.10% equity stake in Eterna Plc – StocksWatch (stocksng.com)

Related Posts

08

Jan
Business & Economy

GTCO raises N209.41bn at first phase of equity capital raise programme

Guaranty Trust Holding Company Plc (GTCO) has made significant strides in its growth and expansion plans, completing the first tranche of its equity capital raise programme. The highlights of this milestone are as follows: Key Developments: CEO’s Statement: Segun Agbaje, the Group CEO, expressed gratitude to shareholders and regulators for their support. He highlighted the successful capital […]