NGX Lists additional 2.4 billion shares of eTranzact Plc

last week listed 2,434,566,483 arose from the company’s rights ordinary shares of eTranzact issue of 4,666,666,667 ordinary Plc. The additional shares shares of 50 kobo each at N1.50 A Mutual fund (Unit Trust) is an investment floor of the Nigerian Stock Exchange. vehicle managed by a SEC (Securities and A REIT (Real Estate Investment Trust) is an Exchange Commission) registered Fund Manager. investment vehicle that allows both small and Investors with similar objectives buy units of the large investors to part-own real estate ventures (eg. Fund so that the Fund Manager can buy securities Offices, Houses, Hospitals) in proportion to their that willl generate their desired return. investments. The assets are divided into shares that

An ETF (Exchange Traded Fund) is a type are traded on the Nigerian Stock Exchange. of fund which owns the assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. Investors can buy these ‘shares’ on the

GUIDE TO DATA: Date:

All fund prices are quoted in Naira as at 15Apr-2021, unless otherwise stated. kobo per share on the basis of of the additional 2,434,566,483 10 Rights issue was 52.17 per ordinary shares, the total issued cent subscribed. With this listing and fully paid up shares of Offer price: The price at which units of a trust or ETF are bought by investors. Bid Price: The price at which Investors redeem (sell) units of a trust or ETF.

Yield/Total Return: Denotes the total return an investor would have earned on his investment. Money Market Funds report Yield while others report Year- to-date Total Return. NAV: Is value per share of the real estate assets held by a REIT on a specific date. eTranzact Plc increased to 6,634,566,483 ordinary shares of 50 kobo each.