Air Liquide opens to trade at N4.89 per share as NASD admits Kinley Securities

The shares of Air Liquide Plc opened to trade last week on the platform of NASD OTC Securities Exchange at an entry price of N4.89 per share. NASD plc is the promoter of a Trading Network that eases secondary market trading of all securities of unquoted public companies in Nigeria.
The NASD said existing and prospective shareholders of Air Liquide Plc can now approach their appointed Participating Institution (PI) or the registrars – Marina Nominees Limited for further information on dematerialisation and trading of these shares.
The shares of Air Liquide Plc introduced by Anchoria Investment Limited and identified with the security code SDAIRLIQ were recently admitted to trade on the NASD OTC market. Air Liquide Plc has issued and fully paid up 180 million ordinary shares at a nominal value of N0.50 per share.
In a related development, the NASD has admitted Kinley Securities Limited as the newest Participating Institution (PI) on the NASD OTC Market.
“Investors are advised that they can now complete their trades in public unlisted securities through any of 118 participating institutions. We welcome Kinley Securities Limited and wish them successful trading on the NASD OTC market,” the NASD OTC Securities Exchange said.