Access Holdings Plc (“the Group”) has announced
an extension of the acceptance period for its ongoing Rights Issue. Initially set to close
onAugust14,2024,the periodhasnowbeenextendedtoAugust23,2024,following
the approval of the Securities & Exchange Commission (SEC).
The statement, signed by the Group’s Company Secretary, Sunday Ekwochi,
confirmed that, “The decision is in response to the recent nationwide protest that
disrupted operations of businesses and individuals across Nigeria and to provide
shareholders with ample opportunity to subscribe to their rights.
“DuringtheextendedperiodoftheIssue,dealingsbytheCompany’sinsidersonthe
Company’s shares will continue tobe strictly limited to participation inthe Rights Issue
asearlier approvedbythe Exchangein respect ofthe Non-Dealing Periodon the
Company’sAudited InterimFinancialStatementsforthe PeriodEndedJune30,2024,
until 24 hours after the publication of the Interim Financial Statements.”
ForfurtherinquiriesoradditionalinformationregardingtheRightsIssue,shareholders
and prospective investors are encouraged to contact Access Holdings’ Investor
Relations team at Investor.Relations@theaccesscorporation.com.