Abbey Mortgage Bank lists additional 2.2bn shares on the NSE

Abbey Mortgage Bank Plc has listed an additional 2,261,538,462 Ordinary Shares of 50 Kobo each offered by way of placement to VFD Group Plc at N1.05 per share.

In a notice filed by the firm to the Nigerian Bourse, the additional shares were today, Thursday, February 6th, 2020, listed on the Daily official list of the Nigerian Stock Exchange.

With this listing of the additional 2,261,538,462 ordinary shares, the total issued and fully paid-up shares of Abbey Mortgage Bank Plc has now increased from 4,200,000,000 to 6,461,538,462 ordinary shares of 50 kobo each.

Abbey is one of the seven national Primary Mortgage Banks licensed by the Central Bank of Nigeria and Federal Mortgage Bank of Nigeria.