Lafarge Africa plc listed additional 9779853 ordinary shares to delist AshakaCem Plc

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The management of Lafarge Africa Plc (‘’Lafarge Africa’’) has reported, the figures of shares listed were issued to shareholders of AshakaCem Plc in exchange for their shares in AshakaCem Plc pursuant to delisting of AshakaCem Plc. Therefore, with this listing of 9,779,853 ordinary shares, the total issued and fully paid up shares of Lafarge Africa Plc has now increased from 5,480,734,144 to 5,490,513,997 ordinary shares

According to the statement, A total volume of 9,779, 853 ordinary shares listed today on The Daily Official List of the Exchange on July 5, 2017 stand AshakaCem Plc delisted from the official trading lists of the Nigerian Stock Exchange (NSE) henceforth.

Meanwhile, A total turnover of 1.061 billion shares worth N12.295 billion in 18,847 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.171 billion shares valued at N11.458 billion that exchanged hands last week in 13,763 deals.

Out of this trading, the Financial Services Industry (measured by volume) led the activity chart with 802.195 million shares valued at N7.331 billion traded in 11,334 deals; thus contributing 75.62% and 59.63% to the total equity turnover volume and value respectively. The Conglomerates Industry followed with 109.378 million shares worth N174.604 million in 1,024 deals. The third place was occupied by Consumer Goods Industry with a turnover of 62.992 million shares worth N2.405 billion in 3,021deals. Trading in the Top Three Equities namely – Zenith International Bank Plc, Transnational Corporation of Nigeria Plc and FBN Holdings Plc (measured by volume) accounted for 317.099 million shares worth N3.223 billion in 3,823 deals, contributing 29.89% and 26.21% to the total equity turnover volume and value respectively.

Also traded during the week were a total of 5 units of Exchange Traded Products (ETPs) valued at N484.85 executed in 1 deal compared with a total of 869,680 units valued at N19.150 million transacted last week in 16 deals

A total of 358 units of Federal Government Bonds valued at N344,610.97 were traded this week in 7 deals, compared with a total of 7 units valued at N16,486.85 transacted last week in 1 deal.

The NSE All-Share Index and Market Capitalization depreciated by 1.99% and 2.31% to close the week at 32,459.17 and N11.187 trillion respectively. Similarly, all other Indices finished lower during the week with the exception of the NSE Insurance and the NSE Industrial Goods Indice that appreciated by 1.10% and 0.22% while the NSE ASeM index closed flat.

In additions, sixteen (16) equities appreciated in price during the week, lower than forty (40) equities of the previous week. Fifty-one (51) equities depreciated in price, higher than twenty-eight (28) equities of the previous week, while one hundred and five (105) equities remained unchanged same as one hundred and five (105) equities recorded in the preceding week.


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