Transcorp Power is set to debut on the Nigerian Exchange Limited (NGX), boasting a market capitalization of N1.8 trillion.
In a statement obtained by Nairametrics, it was revealed that the company aims to offer 7.5 billion ordinary shares, of 50 kobo each, at a listing price of N240.00 per share.
The listing ceremony is set to take place on March 4th at the premises of the Nigerian Exchange Limited.
It stated,
- “We are delighted to announce that the Facts Behind the Listing and Closing Gong Ceremony of Transcorp Power Plc to commemorate the Listing by Introduction of 7,500,000,000 Ordinary Shares of 50 kobo each at N240.00 per share on Nigerian Exchange Limited is scheduled for Monday, 04 March 2024”
Download Nairametrics App for breaking news and market intelligence.
