Allotment Announcement
Hillcrest Agro-Allied Industries Limited hereby announces the official allotment results of the Series 3 and Series 4 Commercial Papers issued under its ₦30,000,000,000 Commercial Paper Issuance Programme.
Summary of Offer for Subscription
Series 3 (271-Day): ₦1,482,584,000.00 at 20.0089% discount rate
Series 4 (364-Day): ₦8,717,312,000.00 at 20.0110% discount rate
All applications accepted for processing for both series were fully allotted. No applications were rejected.
Series 3 Allotment Overview
• Effective yield: 23.5000%
• Total applications received: 54
• Units applied for & allotted: 1,482,584
• No applications were rejected.
| Range (Units) | No. of Participants | Units Applied | Units Allotted | Holdings % | Cumulative Units |
|---|---|---|---|---|---|
| 1 – 10,000 | 17 | 122,440 | 122,440 | 8.26% | 122,440 |
| 10,001 – 100,000 | 35 | 1,092,697 | 1,092,697 | 73.70% | 1,215,137 |
| 100,001 – 1,000,000 | 2 | 267,447 | 267,447 | 18.04% | 1,482,584 |
| 1,000,001 – 2,500,000 | 0 | 0 | 0 | 0.00% | 1,482,584 |
| Total | 54 | 1,482,584 | 1,482,584 | 100% |
Series 4 Allotment Overview
• Effective yield: 25.0000%
• Total applications received: 96
• Units applied for & allotted: 8,717,312
• No applications were rejected.
| Range (Units) | No. of Participants | Units Applied | Units Allotted | Holdings % | Cumulative Units |
|---|---|---|---|---|---|
| 1 – 10,000 | 25 | 155,723 | 155,723 | 1.79% | 155,723 |
| 10,001 – 100,000 | 54 | 2,042,784 | 2,042,784 | 23.43% | 2,198,507 |
| 100,001 – 1,000,000 | 15 | 5,268,805 | 5,268,805 | 60.44% | 7,467,312 |
| 1,000,001 – 2,500,000 | 1 | 1,250,000 | 1,250,000 | 14.34% | 8,717,312 |
| Total | 95 | 8,717,312 | 8,717,312 | 100% |
Download Official Allotment Report
Official allotment results for Series 3 & 4 Commercial Papers
📄 Download PDFInvestor Relations
For inquiries regarding this allotment or investment opportunities, please contact info@hillcrestagroallied.com or call +234 904 841 1263.