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Access Bank to List Additional 6.6bn Units of Shares

Published

6 years ago

April 2, 2019

Access Bank to List Additional 6.6bn Units of Shares

Following the suspension of trading in the shares of Diamond Bank Plc, the Nigerian Stock Exchange (NSE) has approved Access Bank’s request to list additional 6.6 billion units of ordinary shares of 50 kobo each.

This was as a result of the merger between Access Bank Plc and Diamond Bank Plc., a partnership that created Africa’s largest retail bank by customer base.

The NSE has finally delisted the 23.1 billion ordinary shares of Diamond Bank Plc from the Daily Official List of the exchange.

Paving way for Access Bank to list an additional 6.6 billion ordinary shares of 50 kobo each on April 1st, the same day the lender unveiled its new logo.

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Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Access Bank to List Additional 6.6bn Units of Shares

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