- November 28, 2019
- Posted by: cileasing
- Category: Economics, Finance & accounting, Fleet Management, Funding trends, International, Investors, News, Our Main Services, Outsourcing
Rights Issue Offer – C&I Leasing PLC
Rights Issue of 539,003,333 Ordinary Shares of N0.50 kobo each at ₦6.00 per share in C & I Leasing PLC – The Offer
We are pleased to inform all Shareholders of C&I Leasing PLC that the Company’s Rights Issue of 539,003,333 Ordinary Shares of 50 kobo each to Shareholders whose names appear on the Company’s Register of Members as at Wednesday, 4 September 2019 on the basis of four (4) new ordinary shares for every three (3) ordinary shares held has commenced.
The offer opened on Monday 18th November, 2019 and will close on Friday 27th December, 2019.
The purpose of the Rights Issue is to enable the Company to expand its current operations, implement new growth opportunities already identified and optimise its use of technology. By supporting the Rights Issue through acceptance of your Rights, the Board will be able to implement the initiatives that will enhance the Company’s ability to achieve sustainable growth and value creation for all Shareholders.
To exercise your right and subscribe to the Offer, please Click Here
Offer duration: Monday, 18 November to Friday, 27 December 2019. For more information, see the Rights Circular.