Dangote Refinery Offers 1 Bonus Share Per 10 to Retail Investors
According to Mr Eseka, under the retail incentive programme, investors who subscribe for a minimum of 10 shares and hold them continuously for 12 months will receive one additional share. The post Dangote Refinery to give retail investors 1
Dangote Refinery plans to offer retail investors one bonus share for every 10 held annually during the first two years of its listing, provided they subscribe to at least 10 shares and hold them for 12 continuous months. The incentive is designed to encourage retail participation and discourage early selling, which could support share price stability after listing. It remains to be seen whether the bonus structure, which dilutes existing holdings, will attract sufficient retail demand to offset that effect.
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