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NSE lists 2.261bn additional shares of Abbey Mortgage Bank

Nigerian Stock Exchange

The Nigerian Stock Exchange (NSE) on Thursday, February 6, 2020 listed additional 2.261billion ordinary shares of Abbey Mortgage Bank Plc.
The shares offered by way of placement to VFD Group Plc at N1.05 were listed on the Daily Official List of The Nigerian Stock Exchange.
With this listing of the additional 2.261billion ordinary shares, the total issued and fully paid up shares of Abbey Mortgage Bank Plc has now increased from 4.2billion to 6.461billion ordinary shares of 50 kobo each.

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

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