The Nigerian Stock Exchange today placed SpringBank Plc on full suspension pending the outcome of the post-merger adjustment of shares ofLegacy Bank, the new addition to Spring Bank Plc. This implies that there will neither be movement in the share price nor trading on the stock until the full suspension is lifted.
Also, today, the technical suspension on Ecobank Transnational Incorporation (ETI) was lifted following the conclusion of the capital restructuring. This implies that trading can now commence on the stock.
Cost of TRANSACTION
Effective 19th February, 2007, NSE fees on sell side transaction has been reviewed downward from 0.65% to 0.50% which brings the total transaction charge on sell side to 2.13%.
Kindly find below the breakdown of the transaction charges: