Official: Julius Berger Is Giving a 1 for 10 Bonus Issue

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Julius Berger Nigeria Plc has notified The Nigerian Stock Exchange that in addition to the declaration of a dividend of N2.70 for the company’s 2013 financial year, the Board of Directors of the Company has also decided to issue a Bonus of 1 ordinary share for every 10 ordinary shares of 5o kobo each held by each shareholder.
The Bonus shares will rank parri passu in all respects with the existing ordinary shares of the Company except that such shares shall not qualify for dividend recommended by the Directors in respect of the year ended December 31, 2013. As in the case of the dividend, shareholders whose names appear in the register of members as at the close of business on May 30, 2014 will benefit from the bonus issue