The Nigerian Exchange Limited, on Friday listed all of the 17,772,612,811 ordinary shares arising from the recently concluded rights issue of Access Holdings Plc on its Daily Official List . The additional shares were listed at N19.75 per share on the basis of one ordinary share for every existing two ordinary shares held at the close of business on Friday, June 7, 2024.
The new shares listed on NGX, consequently grew the cumulative worth company shares listed on the NGX (market capitalisation) to N351.009 billion.
The listing of the additional shares, increases the total issued and fully paid-up shares of Access Holdings Plc by 50 percent from 35,545,225,622 units to 53,317,838,433 ordinary shares.
Meanwhile, trading in Stanbic IBTC Holdings Plc’s Rights Issue of 2,944,772,083 ordinary shares of 50 Kobo each at N50.50 per share on the
basis of five new ordinary share for every existing 22 units held as at the close of business on Tuesday, 29 October 2024, opened on Wednesday, January 15, 2025.
Last week, total transaction volume on the NGX stood at 2.252bn shares worth N58.831bn, all of which exchanged in 63,657 deals, compared to the 4.698 billion shares valued at N85.043bn exchanged in 72,562 deals over the previous week.