FIDELITYBANK Proposes Rights Issue Of 3.2Bn Ordinary Shares At N10 Per Share

Fidelity Bank Plc has through its Stockbrokers, APT Securities & Funds Limited, submitted an application to Nigerian Exchange Limited for the approval and listing of a Rights Issue of Three Billion, Two Hundred Million (3,200,000,000) ordinary shares of 50 kobo each at N10 per share on the basis of one (1) new ordinary share for every ten (10) existing ordinary shares held as at the close of business on Friday, 5 January 2024. 

The Qualification Date for the Rights Issue is 5 January 2024.