Presco PLC Announces ₦250bn Rights Issue to Fund Expansion, Strengthen Regional Market Leadership

Presco Plc (Bloomberg: PRESCO:NL | Reuters: PRESCO.LG | NGX: PRESCO), Nigeria’s leading fully integrated edible oil business, is pleased to announce the launch of its ₦250 billion Rights Issue, following approvals from its Shareholders, Regulatory Authorities and the Nigerian Exchange Limited (NGX). Under the terms of the Rights Issue, 166,666,667 ordinary shares of 50 kobo

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