News Update



Stanbic IBTC Holdings PLC

Friday 1 June, 2018

Stanbic IBTC Holdings PLC_

 Lagos: 31 May 2018_

 

 

 Announcement to The

Stanbic IBTC Holdings PLC_

 Lagos: 31 May 2018_

 

 

 Announcement to The Nigerian Stock Exchange on a significant share_
 acquisition by Stanbic Africa Holdings Limited (a wholly owned_
 subsidiary of Standard Bank Group Limited) and parent company of
 Stanbic IBTC Holdings PLC._

This is to inform The Nigerian Stock Exchange that Stanbic Africa Holdings
Limited (a wholly owned subsidiary of Standard Bank Group Limited) and parent
company of Stanbic IBTC Holdings PLC ("Stanbic IBTC"), has recently acquired
an additional 1,141,191,943 (one billion, one hundred and forty one million, one
hundred and ninety one thousand, nine hundred and forty three) ordinary shares
in Stanbic IBTC Holdings PLC in an "Off-Market" transaction.

With this acquisition, the total percentage shareholding of Stanbic Africa Holdings
Limited in Stanbic IBTC has increased by 11.35% from 53.09% to 64.44% post
this transaction.

 

 

The above is for information purposes only.

Signed

Chidi Okezie

Company Secretary

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