Unilever Nigeria lists 1.96bn additional shares

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The Nigerian Stock Exchange Thursday announced to dealing members of the listing of additional 1,961,709,167 ordinary shares of Unilever Nigeria Plc.

The additional shares arose from Unilever’s Rights Issue of 1,961,709,167 ordinary shares of 50 kobo at N30.00 per share in the Ratio of 14:27 ordinary shares held as at 28 June 2017 were listed on the Daily Official List of the Exchange on November 16, 2017.

With the listing of 1,961,709,167 ordinary shares, the total issued and fully paid up shares of Unilever Nigeria Plc has now increased from 3,783,296,250 to 5,745,005,417 ordinary shares.

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Onome Amuge is a Nigerian journalist and content writer known for his analytical and engaging reporting on business, finance, agriculture, commodities, and technology. He is currently a journalist at Business a.m., a Nigerian business-focused newspaper, where he has authored over 360 articles covering a wide range of topics including economic trends, market analysis, and policy developments.
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