Sovereign Trust Insurance opens N5.02 billion Rights Issue at N2.00 per share

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Sovereign Trust Insurance Plc has launched a significant rights issue totaling N5.02 billion. This initiative aims to enhance its capital base and provide existing shareholders the opportunity to boost their investments.

Sovereign Trust Insurance (STI) Plc has launched a N5.02 billion rights issue as part of efforts to strengthen its capital base and support future growth, offering existing shareholders the opportunity to increase their stakes in the company.  The post Sovereign Trust Insurance opens N5.02 billion Rights Issue at N2.00 per share appeared first on Nairametrics.