United Bank for Africa Plc has extended the acceptance and application period for its ongoing Rights Issue by two weeks following approval from the Securities and Exchange Commission.
In a notice to the Nigerian Exchange Limited, shareholders, and the investing public on Thursday, September 4, 2025, the bank confirmed that the subscription window, earlier scheduled to close on Friday, September 5, 2025, will now run until Friday, September 19, 2025 following approval from the Securities and Exchange Commission (SEC).
The extension, according to the bank, is aimed at ensuring that shareholders are fully carried along in the process and have sufficient opportunity to exercise their rights.
“United Bank for Africa Plc remains committed to providing all shareholders the chance to maximize the benefits of the Rights Issue,” the statement read.
Shareholders and investors seeking further information have been advised to contact the bank’s Investor Relations team via investorrelations@ubagroup.com or call +2342012808798.
The notice was signed by Bili A. Odum, Group Company Secretary/Legal Counsel, on behalf of the Board.
