Merger: NSE admits additional shares of Dangote Sugar

dangote sugar refinery lists new shares

The Nigerian Stock Exchange (NSE) on Wednesday, admitted additional 146,878,241 ordinary shares of Dangote Sugar Refinery Plc on the daily official list of the local bourse. According to a statement from the NSE notifying dealing members, the additional shares listed on the Exchange arose from the scheme of merger between Dangote Sugar Refinery Plc and Savannah Sugar Company Limited. With the listing of the additional 146,878,241 ordinary shares, the total issued and fully paid-up shares of Dangote Sugar Refinery Plc have now increased from 12,000,000,000 to 12,146,878,241 ordinary shares of…

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