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