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At the end of yesterday’s trading session at Nigeria’s stock exchange, Honeywell Flour Mills Plc recorded a loss of 8.00% amounting to N1.03 billion in market capitalization which can be attributed to sell-offs in the shares of the company.
The shares declined from N1.67 per share at the start of the trading day, to N1.54 per share, N0.02 higher than the lowest price traded at the close of the market yesterday.
The sell-offs witnessed in the company shares negatively influenced the company’s market capitalization from N13.24 billion to N12.21 billion at the end of trading activities, taking the depreciation to N1.03 billion.
Board of Directors ) hereby informs the shareholders of the Sub-Funds (the
Shareholders ) that it has resolved to make certain changes to the Sub-Funds, as detailed below (collectively referred to as the “
Changes”).
Capitalised terms not defined herein shall have the same meaning ascribed to them in the most recent version of the prospectus of the Company (the “
Prospectus”), unless the context otherwise requires.
The Changes in relation to each Sub-Fund will be carried out on a date between 1 September 2021 and 30 November 2021 (each an “
Effective Date”). A notice will be published on the website of the Company, www.Xtrackers.com (the “
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