Market News

NGX Lists Guaranty Trust HoldCo Plc

By June 28, 2021 No Comments

In a notice by The Nigerian Exchange Limited (NGX), the entire 29.4B issued shares of GTB were delisted from the Daily Official List of the Nigerian Exchange Limited today, 24 June 2021 while GT Holdco’s entire issued share capital of 29.4B ordinary shares of 50 Kobo each were also today, 24 June 2021 listed on the Daily Official List of NGX at N28.55 per share.

This is sequel to the NGX market bulletin with reference number NGX REG/LRD/MB16/21/06/18 dated 18 June 2021 in which the Market was notified that trading in the shares of Guaranty Trust Bank Plc was placed on full suspension effective Friday, 18 June 2021.

It is pursuant to the Scheme of Arrangement between Guaranty Trust Bank Plc and the holders of its fully paid ordinary shares of 50 Kobo each as approved by the Securities and Exchange Commission and sanctioned by the Court.