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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData
Provider: GlobalData

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Oando Plc Announces Extension of Closing Date of 4.548 Billion Rights Issue

Tuesday, 5 Feb 2013 05:48am EST 

Oando Plc announced that, due to the picketing action by pensioners of the Nigerian Postal Service in late December 2012 and early January 2013, which resulted in disruption of distribution of Rights Issue circulars to the majority of Oando Plc's shareholders, the Nigerian Securities Exchange Commission has granted Oando Plc a two-week extension of the 4,548,236,276 Rights Issue period. Accordingly, the closing date of the Rights Issue has been amended from February 6, 2013 2013 to February 20, 2013. 

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-0.3 -1.82%
23 Jan 2015