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NOTIFICATION OF PRICE ADJUSTMENT
Dear All,
The equity price of Fidelity Bank Plc was adjusted today 18th of October 2024 for a dividend of N0.85 as recommended by the company?s Board of Directors.
The last close price was N14.65 while the Ex-div price is N13.80
Thank you.
TOP STOCK PICKS OF THE WEEK: FIDELITY BANK, UBA, AND PRESTIGE ASSURANCE- PREMIUM TIMES
The Nigerian stock market experienced a 1% dip last week, primarily due to sell-offs in the industrial and banking sectors. This drop coincides with analysts' predictions of a potential shift in investor...
FIDELITY BANK PLANS N26.7BN CAPITAL RAISE
KEY DETAILS:
- Capital Increase: Fidelity Bank has announced plans to raise its issued share capital from N22.6 billion to N26.7 billion by creating up to 8.2 billion additional ordinary shares, each valued at 50 Kobo.
- Corporate Notice: This move...
EXCITEMENT AS FIDELITY BANK RIGHTS ISSUE, PUBLIC OFFER OPEN
Fidelity Bank Plc has commenced its rights issue and public offer today, June 20, 2024, generating significant excitement among investors on the Nigerian Exchange (NGX) Limited. This follows a record-breaking trading session on...
CAPITALISATION: FIDELITY BANK OPENS N127BN PUBLIC OFFER
Fidelity Bank has initiated a public offer and rights issue to raise N127.1 billion to comply with the Central Bank of Nigeria’s new capitalisation requirements. The bank aims to collect N97.5 billion from the public offer and N29.6...
FIDELITY BANK PROPOSED RIGHTS AND PUBLIC OFFER
The company has gotten the approval of SEC to adjust its offer prices downwards as follows:
1. Rights from N10 to N9.25
2. P/Offer: from N10.00 to N9.75.
Source: NGX notification of 05/06/2024
SHAREHOLDERS BACK FIDELITY BANK ’s RECAPITALISATION PLAN
Shareholders have expressed strong support for Fidelity Bank Plc's ongoing recapitalisation plan. During the bank's recent annual general meeting, shareholders committed to participating in any share offering by Fidelity Bank.
Fidelity...
Fidelity Bank Plc made an announcement in a July 19 notice about its Extra-Ordinary General Meeting (EGM) which is scheduled to hold on Friday, August 11, 2023.
In the statement, the bank gave a record of its issued equity; currently, N16 billion made up of 32 billion ordinary shares of 50...
Fidelity Bank has announced N105.8bn in gross earnings, H1 2020. A rise of N2.1bn was indicated when compared to gross earnings, H1 2019.
Interest income of N84.3bn appreciated by N2.8bn to close at N87.1bn while the Interest expense declined by N9.6bn from N48.9bn to close at N39.3bn. Also...
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