Nigeria, July 5 -- Fidson Healthcare is putting up equity financing for consideration at its annual meeting of shareholders this month, hoping to secure a key approval for an additional capital raise of N30 billion.

The share sale for Fidson, whose stock has yielded 183 per cent this year, may take the mould of public offering, strategic allotment, rights issue or private placement, at the discretion of directors, a regulatory note by the company on Thursday stated.

"In the event of a rights issue by the company, the directors be and are hereby authorised to allot any shares not taken up by existing shareholders within the period stipulated under the Rights Issue to other interested shareholders of the company on such terms and conditio...