Leading multinational financial services group, Access Holdings Plc has announced an extension of acceptance period for its ongoing Rights Issue.
Gatekeepers News reports that the acceptance period which was initially set to close on August 14, 2024, has now been extended to August 23, 2024, following the approval of Securities & Exchange Commission (SEC).
The development was announced through a statement released by the Group’s Company Secretary, Sunday Ekwochi on Tuesday, 13 August 2024.
According to the statement; the decision is in response to recent nationwide protests that disrupted operations of businesses and individuals across Nigeria and to provide shareholders with ample opportunity to subscribe to their rights.
“The company noted that “During the extended period of the Issue, dealings by the Company’s insiders on the Company’s shares will continue to be strictly limited to participation in the Rights Issue as earlier approved by the Exchange in respect of the Non-Dealing Period on the Company’s Audited Interim Financial Statements for the Period Ended June 30, 2024, until 24 hours after the publication of the Interim Financial Statements.”
