In a strategic move to fortify its financial standing, Linkage Assurance Plc has officially approached its existing shareholders to raise N16.3 billion through a Rights Issue.
Linkage Assurance notified its shareholders and Nigerian Exchange Limited (NGX) that the Company has obtained the approval of the Securities and Exchange Commission (SEC) to commence its Rights Issue of 12.320 billion ordinary shares at N1.32 per share.
The Rights Issue is being made to existing shareholders on the basis of two (2) new ordinary shares for every three (3) ordinary shares held as at January 22, 2026.
