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Are you a Shareholder of Oando plc but thinking you may not be part of the ongoing right issues due to one issue or the other?, then think no further, because you now have the opportunity to trade the rights on the floor of the Nigerian Stock Exchange (NSE) and still make some cool cash for yourself.
At an investor's forum last week, Managing director, Oando Group, Wale Tinubu said: "Given the future prospects in the company and the incentives the rights issue price offer, we are confident that all our shareholders will use this opportunity to increase their share holding in the company. But should there be any shareholder who may be prevented by one reason or the other from being able to take up their rights, they can trade the rights on the floor. By doing so they will not be losing out completely".
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