Abbey Building Society Plc: RE: Extraordinary General Meeting
29, November, 2010
The Company has notified The Exchange that at its Extra-Ordinary General Meeting held on Wednesday, November 24, 2010; the shareholders authorized the Directors to raise, (whether by way of public offering, placing, rights, book building process or other methods) additional capital of up to Twenty Billion Naira only by way of issuance of shares, convertible or non convertible loans, stock, medium term notes, bonds or other securities, in such tranches, series or proportions, at such coupon or interest rates, within such maturity periods and on such other terms and conditions including the provision of security for payment, as the Directors may deem fit or determine, subject to obtaining the approvals of relevant regulatory authorities.
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