UBA Allots 3.16bn Shares As Rights Issue Records Strong Investor Demand

Newtelegraphng | 09-01-2026 09:32am |

United Bank for Africa Plc (UBA) has successfully completed its N50.00 per share rights issue, allotting a total of 3,156,869,665 ordinary shares to shareholders following strong demand during the offer period. In a formal announcement on the Nigerian Exchange, the bank said the rights issue, offered on the basis of one new ordinary share for...The post UBA Allots 3.16bn Shares As Rights Issue Records Strong Investor Demand appeared first on New Telegraph.

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