In a notice to the Exchange, Diamond Bank said : “Given the consummation of the scheme of merger on March 19, 2019, trading on the shares of Diamond Bank Plc was placed on full suspension on the Exchange on Wednesday.
Therefore, for Investors holding Diamond Banks shares as at March 19, 2019, it means that every seven Diamond Bank shares will be converted to two shares of Access Bank Plc.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BREAKING: NSE suspends trading in Diamond Bank sharesDiamond again? Going going going!!! Adieu Diamond Bank!!! Scam alert
Source: MobilePunch - 🏆 8. / 63 Read more »
NSE announce full suspension of Diamond bank shares – Daily TrustThe Nigerian Stock Exchange has placed a full Suspension on Trading in Diamond Bank Plc Shares having received the final approval of the central bank of nigeria and the securities & exchange commission to the proposed merger between Access Bank Plc and Diamond Bank Plc This also follows the approval of shareholders that was obtained …
Source: Daily Trust - 🏆 13. / 51 Read more »
Merger: NSE places Diamond Bank shares on full suspension – Daily TrustTrading in the shares of Diamond Bank Plc has been placed on full suspension following the court sanction of the Scheme of Merger with Access Bank Plc. The Nigeria Stock Exchange (NSE) in a notification to its dealing members posted on its website on Wednesday said the full suspension takes effect from March 20.ADVERTISEMENT “Dealing …
Source: Daily Trust - 🏆 13. / 51 Read more »
Acquisition: Court approves Access Bank's share allotment to Diamond Bank's shareholdersAcquisition: Court approves Access Bank’s share allotment to Diamond Bank’s shareholders
Source: PremiumTimesng - 🏆 3. / 78 Read more »
NSE Places Diamond Bank’s Shares On Full SuspensionFollowing the completion of its business combination and the ongoing integration process with Access Bank Plc, the Nigerian Stock Exchange (NSE), yesterday placed Diamond Bank Plc shares on full suspension. The suspension is required to prevent trading in the shares of the bank in order to determine the shareholders who will be entitled to receive […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »