Tantalizersng in May, completed a private placement by shares, raising approximately N1.07 billion to support its restructuring efforts. During the private placement, the company offered 1,788,372,094 ordinary shares at N0.60 each, achieving full subscription. Iron Global Markets Ltd acted as the sole issuing house for the transaction, with indications pointing to a single institutional investor acquiring all offered shares.
Following the acquisition, the company convened a Board meeting, to formalize the appointment the appointments into the Board of Directors, effective 15th October 2024:
Alhaji Adam Nuru – Chairman
Mr. Charles Olayemi Ifidon – Director
Mr. Oyebode Akinboye – Director Mr. Rob Speiljer – Director
Mrs. Abimbola Izu – Director
Mr. Olusegun Ekundayo – Director
Dr. Israel Ovirih – Director
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