Fidelity Bank Plc increases share capital to N36.7bn

Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that it has increased its issued share capital from N26.7 billion to N36.7 billion by creation of 20 billion additional Ordinary Shares of 50 kobo each.

At the recently concluded Extra-Ordinary General Meeting, the board has been authorised to raise additional capital up to the new issued share capital of the Company by way of Private Placement, Right Issues, Public Offers or any other mode or combination of modes in tranches and on terms deemed suitable by the Board, subject to regulatory approvals.

Source: Fidelity Bank Plc increases share capital to N36.7bn – StocksWatch

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