I am not sure whether this is the right thread to raise the question. But my understanding is that this is a hybrid offer. It is open to existing shareholders as well as interested new buyers. While existing shareholders will pay N31 per share, new shareholders will pay N33 per share. In either case, this will represent a discounted value of the share because before the technical suspension, the price had risen to N40.40. However, it appears that the offer will last for a limited time only from 14th May -21st June. The expectation is that it will be over-subscribed. This means that interested persons will need to act fast.
Take a plunge, it's a name you can count on!
