Follow Us on Google
By Chinwendu Obienyi
Nigerian Exchange Limited (NGX) at the weekend admitted Fidelity Bank’s 3,037,414,308 ordinary shares of 50 kobo each at N4.60 of Fidelity Bank Plc on its Daily Official List.
The listing, according to the filing obtained from NGX’s website, follows the conclusion of the bank’s private placement. The statement noted: “Trading Licence Holders are hereby notified that additional 3,037,414,308 ordinary shares of 50 kobo each at N4.60 of Fidelity Bank Plc (Fidelity or the Bank) were on Friday, 11 August 2023, listed on the Daily Official List of the Nigerian Exchange Limited (NGX).
The additional shares listed on NGX arose from Fidelity’s private placement.
With this listing of the additional 3,037,414,308 ordinary shares, the total issued and fully paid-up shares of Fidelity Bank Plc has now increased from 28,974,797,023 to 32,012,211,331 ordinary shares of 50 kobo each”.
