Shareholders of Jaiz Bank Plc Wednesday
voted in support for listing and trading of the company’s shares on the
floor of the Nigerian Stock Exchange (NSE).
Speaking in Abuja at the company’s extra
ordinary meeting, its Chairman, Alhaji Umaru Abdul-Mutalab said the
endorsement was expected to raise the bank’s authorised Share Capital to
N30billion ordinary shares of 50 kobo from N15 billion ordinary shares
of N1 each.
The Managing Director/Chief Executive,
Hassan Usman said once listed, existing shareholders would be able to
trade their shares while new investors could also invest by buying the
shares.
He said: “We want the general public to
benefit from the bounties of profit opportunities available so that we
can all grow together as one big Jaiz family. The potential are
enormous.”
He said: “As you may be aware, few months ago the Bank’s Rights Issue of 2.9 billion ordinary shares was successfully subscribed.
He said: “As you may be aware, few months ago the Bank’s Rights Issue of 2.9 billion ordinary shares was successfully subscribed.
“We call on everyone to take advantage of this opportunity to own shares in Jaiz Bank Plc.”
This development opens the windows of opportunities for numerous individual.
This development opens the windows of opportunities for numerous individual.
By James Emejo in Abuja
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