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)

Your Comment:

Related Posts

28

Nov
Business & Economy

Stock Market Review: November 28, 2022

The stock market last week closed on a positive note with 6.88% growth, week on week. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the capital market guru explained the factors behind the current positive vibration in the market. Excerpts: The stock market last week closed on a bullish note […]

28

Nov
Business & Economy

Why you should pitch your tent with fundamentally sound stocks

Opportunities in stocks with uptrend potentials The Nigerian stock market last week closed on a bullish note with 6.88% growth, week on week. This is occasioned by renewed buy interest in equities by smart investors. Year to date, the market has returned 11.33% with All Share Index and Market Capitalisation at 47,554.34 points and N25.902 trillion respectively.[…]