Stanbic IBTC Holdings Notifies On a Significant Share Acquisition


Thursday, May 31, 2018/05:10PM / NSE

This is to inform The Nigerian Stock Exchange that Stanbic Africa Holdings Limited (a wholly owned subsidiary of Standard Bank Group Limited) and parent company of Stanbic IBTC Holdings PLC (“Stanbic IBTC”), has recently acquired an additional 1,141,191 ,943 (one billion, one hundred and forty one million, one hundred and ninety one thousand, nine hundred and forty three) ordinary shares in Stanbic IBTC Holdings Plc in an “Off-Market” transaction. 

With this acquisition, the total percentage shareholding of Stanbic Africa Holdings Limited in Stanbic IBTC has increased by 11.35% from 53.09% to 64.44% post this transaction.


Proshare Nigeria Pvt. Ltd.

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