Regency Alliance, Eunisell Raise Share Capital on Stock Exchange

By Aduragbemi Omiyale

Regency Alliance Insurance Plc and Eunisell Interlinked Plc have increased their total issued and fully paid-up share capital on the Nigerian Exchange (NGX) Limited after listing additional stocks last week.

In the case of Regency Alliance, it listed 2,674,385,062 ordinary shares of 50 Kobo each at 95 Kobo per unit from its rights issue.

These new equities were listed on Customs Street on Friday, September 4, 2026, increasing its total issued and fully paid-up share capital to 18,679,385,062 ordinary shares of 50 Kobo each from 16,005,000,000 ordinary shares of 50 Kobo each.

As earlier stated, the fresh stocks were from the company’s rights issue. The exercise was designed to issue 3,201,000,000 ordinary shares of 50 Kobo each at 95 Kobo per share on the basis of one new ordinary share for every five existing ordinary shares held as at the close of business on Friday, May 8, 2026.

As for Eunisell, it listed 68,728,522 ordinary shares of 50 Kobo each arising from the conversion of its N200 million debt-to-equity at N2.91 per share.

These equities were also listed on the bourse last Friday, pushing the total issued and fully paid-up share capital higher to 305,428,043 ordinary shares of 50 Kobo each from 236,699,521 ordinary shares of 50 Kobo each.