Stanbic IBTC Holdings Plc has announced the listing of additional 31,515,400 ordinary shares of 50 kobo each resulting from scrip dividend option for the half year ended 30 June 2019.
In a notice on the website of the Nigerian Stock Exchange, the Holding Company notified dealing members that 31,515,400 ordinary shares of Stanbic IBTC Holdings Plc was listed on the Daily Official List of The Nigerian Stock Exchange.
The additional shares of 31,515,400 ordinary shares of 50 Kobo each arose as a result of the Scrip Dividend offered to eligible shareholders of Stanbic IBTC who elected to receive ordinary shares in lieu of cash dividends with respect to the N1.00 final dividend declared for the half year ended 30 June 2019. With this listing of 31,515,400 ordinary shares, the total issued and fully paid up shares of the Company has now increased from 10,473,451,958 to 10,504,967,358 ordinary shares.