By Hamisu B. S.
C &I Leasing Plc a company listed on the Nigeria Stock Exchange to raise 3.23 billion additional capital through a rights issue.
In a notice released by the Nigeria Stock Exchange, C&I Leasing Plc has through its Stockbroker, CSL Stockbrokers Limited submitted an application to The Nigerian Stock Exchange for the approval and listing of a Rights Issue of Five Hundred and Thirty-Nine Million, Three Thousand, Three Hundred and Thirty-Three (539,003,333) ordinary shares of Fifty Kobo (N0.50) each at six naira (N6.00) per share, on the basis of Four (4) new share for every three (3) ordinary shares held.
The Qualification Date for the Rights Issue is today Wednesday, 4 September 2019.
The C&I Leasing group of companies has three divisions; Fleet Management, Outsourcing and Marine Services with two subsidiaries in Ghana (Leasafric) and the United Arab Emirates (EPIC International FZE).
