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NOTORE To Double Its Authorized Share Capital Even As Its Share Price Flat-lined - Investment - Nairaland

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NOTORE To Double Its Authorized Share Capital Even As Its Share Price Flat-lined by Investogist: 5:01pm On Aug 23, 2020
The shareholders of Notore Chemical Industries Plc (NSE ticker: NOTORE) at its 6th annual General Meeting resolved that, the Authorized Share Capital of the company be doubled from N1 billion to N2 billion by the creation and addition of two billion (2,000,000,000) ordinary shares of 50kobo each.


According to the Corporate Action disclosure sent to the Nigerian Stock Exchange, (NSE) signed by Otivbo Saleh, Group Chief Legal Officer/Company Secretary the AGM was held by Proxy on Monday, 17th August, 2020 at 11:00am at 6th Floor, Keystone Bank Building, 1, Keystone Bank Crescent, off Adeyemo Alakija Street, Victoria Island, Lagos.

The additional shares will rank...

Read full article at https://investogist.com/notore-to-double-its-authorized-share-capital-even-as-its-share-price-flat-lined-in-over-2-years/

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