Fidelity Bank Plc has submitted an application to Nigerian Exchange Limited through its Stockbroker, APT Securities & Funds 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.
The Rights Issue will be 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.