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Peace Mass Transit Limited Acquires 55.82% Of C&I Leasing Plc Shares - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Peace Mass Transit Limited Acquires 55.82% Of C&I Leasing Plc Shares (330 Views)

Peace Mass Transit Limited Acquires 55.82% Of C&I Leasing Plc Shares Via Convert / Rights Issue Offer – C&I Leasing PLC / C&I Leasing Plc Gets Sec’s Approval For N3.2bn Rights Issue (2) (3) (4)

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Peace Mass Transit Limited Acquires 55.82% Of C&I Leasing Plc Shares by Investogist: 10:27am On Jan 06, 2021
Peace Mass Transit Limited has acquired 313,326,316 units of the Neoma Africa Fund L.L.C unsecured convertible loan stock registered at N4.75 each in C&I Leasing Plc.

This loan conversion will result in the issuance of 987,500,000 ordinary shares of C&I Leasing Plc to Peace Mass Transit Limited, which will represent 55.82% of C&I Leasing Plc’s issued shares.

Read full article at https://investogist.com/peace-mass-transit-limited-acquires-55-82-of-ci-leasing-plc-shares-via-convertible-loan-stock/
Re: Peace Mass Transit Limited Acquires 55.82% Of C&I Leasing Plc Shares by Kobicove(m): 12:33pm On Jan 06, 2021
This effectively means that Peace Mass Transit owns C & I Leasing undecided

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Re: Peace Mass Transit Limited Acquires 55.82% Of C&I Leasing Plc Shares by Melaninprincess(f): 6:02pm On Jan 06, 2021
Wow. This is interesting

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