Cadbury Nigeria Plc has notified The Nigerian Stock Exchange that all actions required to make the Capital Reduction of Cadbury Nigeria Plc effective have been completed with the successful filing of the court sanction with the Corporate affairs Commission CAC on the 12th of February (The Effective date)
By achieving the Effective Date, the authorized share capital of the Company is now reduced by 1,252,172,198 shares from 4,000,000,000 shares to 2,747,827,724 shares while the issued share capital of the Company is also reduced by 1,252,172,198 shares from 3,130,374,238 shares to 1,878,202,040 shares. The post-Capital Reduction price per share is N90.78.
he suspension paced on the Company’s share price on has been lifted effective today February 19, 2014.
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