Court of Appeal restores Presco rights issue, overturns Federal High Court ruling

BusinessDay | 25-08-2026 02:13pm |

The Court of Appeal in Benin has overturned a Federal High Court ruling that invalidated Presco Plc's 2025 Annual General Meeting and rights issue. The appellate court's decision restores the rights issue, allowing the company to proceed. This legal victory is significant for Presco's corporate plans.

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