NGX Delists Guaranty Trust Bank Plc from Daily Official List, Lists Guaranty Trust HoldCo Plc

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Thursday, June 24, 2021 / 12:33 PM / By NGX / Header Image Credit: Businesslive

 

With reference to the NGX market bulletin with reference number NGX REG/LRD/MB16/21/06/18 dated 18 June 2021 wherein the Market was notified that trading in the shares of Guaranty Trust Bank Plc (GTB) was placed on full suspension effective Friday, 18 June 2021, in preparation for the delisting of GTB and listing of the Holding Company, Guaranty Trust Holding Company Plc (GT HoldCo).

 

The Market is hereby notified that the entire 29,431,179,224 issued shares of GTB were delisted from the Daily Official List of the Nigerian Exchange Limited (NGX) today, 24 June 2021 while GT Holdco's entire issued share capital of 29,431,179,224 ordinary shares of 50 Kobo each were also today, 24 June 2021 listed on the Daily Official List of NGX at N28.55 per share.

 

The delisting of GTB and listing of GT HoldCo on NGX is pursuant to the Scheme of Arrangement between Guaranty Trust Bank Plc and the holders of its fully paid ordinary shares of 50 Kobo each as approved by the Securities and Exchange Commission and sanctioned by the Court.


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