Court of Appeal sets aside ruling against Presco, restores AGM, rights issue

By Henry Ojelu The Court of Appeal, Benin Judicial Division, has set aside the December 11, 2025 ruling of the Federal High Court, Benin, which had nullified Presco Plc’s 2025 Annual General Meeting, AGM, and restrained the company from proceeding with its rights issue and other corporate actions. The appellate court also resolved the three…