Search
Close this search box.

Sterling Bank PLC Private Placement Records 96% Subscription Rate

Sterling Bank
Published: January 8, 2015

Share this post 👇🏽

Facebook
Twitter
LinkedIn

STERLING BANK PLC  RC 2392  Announces the result of the

PRIVATE PLACEMENT OF 7,471,698,113 ORDINARY SHARES OF 50 KOBO EACH AT ₦2.65 PER SHARE
With respect to the Placement Memorandum dated December 22, 2014
• One (1) application for 7,197,604,531 Ordinary Shares of 50 Kobo each at ₦2.65 per share was received in respect of the Offer, this being the subscription from the targeted investor.
• The application was considered valid and was accepted.
• The Offer was therefore 96.3% subscribed.

A share certificate in the name of the successful allottee will be dispatched or the allottee’s account with the Central Securities Clearing Systems will be credited by the Registrars to the Offer, Sterling Registrars Limited, Akuro House, 8th floor, 24 Campbell Street Lagos, not later than January 23, 2015.

The above-stated Basis of Allotment and this announcement have been cleared by the Securities & Exchange Commission.

Share this post 👇🏽

Facebook
Twitter
LinkedIn
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Suggested Reads

[adinserter block="2"]

Subscribe to Newsletter

Be the first to know when we publish new content! Join the Newsletter today.

0
Would love your thoughts, please comment.x
()
x

*Showing only the top 5 results.

Position Username Points
1st
yuyu.odukoyas FB
100
2nd
jo.bug IG
92
3rd
lisa.m X
92

We are still collecting gems. Please check back later. 

Interested in investing in Nigeria? Please fill the form below and we’ll reach out to you.

HOW TO PLAY

  • Provide your contact details for win notifications.
  • Click "Spin" to start the wheel. Cross your fingers for an "EDF Ticket" win, or try again if it lands elsewhere!
Spin the wheel!
whatsapp