Nigeria’s premier and largest non-interest bank, Jaiz Bank is undertaking a rights issue of about 5.41 billion ordinary shares of 50 kobo each at offer price of N1 per share, representing initial offer size of N5.4 billion.

Source: https://thenationonlineng.net/banks-in-n400b-recapitalisation-drive-at-stock-market/

The Malta Stock Exchange announced the admission and listing of 61.8 million ordinary shares of Lombard Bank Malta plc subsequent to the recent rights issue.

Source: https://timesofmalta.com/articles/view/over-50-takeup-rs2-scrip-dividend.1067835

The price of the ordinary shares retracted by 4.4%, closing the week at €1.

Source: https://timesofmalta.com/articles/view/major-banking-equities-drag-mse-index-lower.1021468