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SWAP Technologies and Telecomm PLC has raised a total of N3.5 billion through a successful private placement. The company had offered one billion shares of 50 kobo each at a premium of N3.00 per share.

According to the managing director and chief executive, Tunde Titilayo, the money would be invested mainly in new ventures and retiring of some of the bank debts in order to position the company to become top five quoted conglomerates in Nigeria by 2011.

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OUR FINANCIAL INFORMATION

PRESS RELEASES

SWAP achieves NIS ISO 9001:2000 certification from SON"- 15th June 2009

 SWAP Technologies rake in N5.25billion in 2008
The Vanguard 4th May 2009

SWAP Technologies and Telecomm becomes PLC;To list on NSE
15th August 2008

SWAP Tech and Telecomm concludes private placement
18th July 2008

WHAT'S NEW IN SWAP

Agusto and Co Ratings Release"-22nd May 2009

SWAP Technologies and Telecomm stakeholder's forum invite
18th August 2008

SWAP IN NEWS

"SWAP Tech partners WM on skill development"
The Punch 14th October 2008

"SWAP Tech partners firm on skills development"
Guardian Newspapers 25th September 2008

"SWAP Tech restates commitment to investors"
The Punch 26th August 2008

"SWAP organises stakeholder's forum: Promise rewards for investors"

BusinessDay 25th August 2008

"SWAP Tech to partner GSM firms"

Guardian Newspapers 20th August 2008

"SWAP Tech and Telecomm goes PLC;announces stakeholders forum"

BusinessDay 18th August 2008

"SWAP Tech and Telecomm concludes N3.5billion Private Placement in 1WK"
nigerianbulletin.com 7th August 2008

"SWAP Technologies and Telecomm concludes N3bn private placement"
financialstandardnews.com 7th August 2008

"SWAP Rakes N3.5b from private placement"
BusinessDay 29th July 2008


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