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RNS Number: 5633 B Predator Oil& Gas Holdings PLC 11 June 2021 FOR IMMEDIATE RELEASE. Predator Oil& Gas Holdings Plc/ Index: LSE/ Epic: PRD/ Sector:...
SANASA Development Bank has resolved to raise capital through the issuance of new Ordinary Voting Shares to the public via a Secondary Public Offering (SPO), the bank said in a stock exchange filing. The SPO under consideration constitutes of an invitation to the public, by way of a Prospectus, to subscribe up to Sixty Eight Million (68,000,000) new Ordinary Voting Shares of the Bank (Initial Issue) and in the event of an oversubscription of the Initial issue to issue up to a further Twenty Million (20,000,000) new Ordinary Voting Shares of the Bank at the discretion of the Board of Directors...
Ashapuri Gold Ornament Limited updates on Further Issue of Shares
The abundance of rights issues by listed corporates in the current calendar year has helped, to some extent, satiate the investors’ appetite for good stocks. While private limited companies still lack interest in going public — as shown by a handful of initial public offerings (IPOs) in 2020 — rights issues by companies have been generous. Rights issues, when offered by reputable companies with a record of consistent earnings growth, healthy dividends and an attractive price, have been greeted warmly by stockholders. That is regardless of the fact that the rights issues tend to dilute...