NSLT: Increase In Authorised Share Capital

The increase in Authorised Share Capital (ASC) of National Sports Lottery & Technology (NSLT) Plc has been approved by its shareholders. The new ASC is now N3 billion, arising from 6 billion ordinary shares of 50 Kobo per share by the creation of 800 million ordinary shares, up by 15 percent over the old N2.6 billion ASC. The decision was reached at the AGM held on 16^th April, 2008 apparently in preparation for the company's public offer which is expected to hit the market soonest.

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