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Transcorp Hotels Officially Listed in The NSE With Ticker TRANSCOHOT

Nairametrics by Nairametrics
January 16, 2015
in Uncategorized
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  • The Nigerian Stock Exchange (NSE), on Thursday, January 14, 2015, admitted 7,600,403,900 ordinary shares of Transcorp Hotels Plc at N10 per share on its Daily Official List.
  • Transcorp Hotels Plc is now the first company to be listed on The NSE in 2015.
  • Transcorp Hotels Plc has announced that its Initial Public Offering which closed October 17, 2014 was 52.3% subscribed.
  • The company was thus able to raise N4,184,039,000 out of the N8billion on offer. A total of 418,403,980 ordinary shares were therefore allotted to the subscribers for a total of 1,293 applicants
  • Transcorp Hotels share price closed its first day of listing at a price of N10
  • The company ticker is TRANSCOHOT
Tags: Transcorp Hotels
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Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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