Rights issue: Access Holdings extends acceptance period to August 23

Rights issue: Access Holdings extends acceptance period to August 23

Nike Popoola

Access Holdings Plc (“the Company”) has informed all its esteemed shareholders and Nigerian Exchange Limited (‘the Exchange’) that the period of the Acceptance List for its Rights Issue which opened on July 8, 2024, to close on August 14, 2024, has been extended to August 23, 2024, following the approval of the Securities & Exchange Commission.

It disclosed this in a statement today signed by the Company Secretary, Sunday Ekwochi,  titled, ‘Notice of extension of acceptance period to August 23, 2024’.

The decision is in response to the recent nationwide protest that disrupted operations of businesses and individuals across Nigeria and to provide shareholders with ample opportunity to subscribe to their rights, it stated.

It added 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.

“Please contact our Investor Relations team at Investor.Relations@theaccesscorporation.com for any enquiry regarding the Rights Issue.”