ACCESS HOLDINGS PLC EXTENDS RIGHTS ISSUE ACCEPTANCE PERIOD TO AUGUST 23, 2024
Lagos, Nigeria – 13 August
2024: Access
Holdings Plc (“the Group”) has announced an extension of the acceptance period
for its ongoing Rights Issue. Initially set to close on August 14, 2024, the
period has now been extended to August 23, 2024, following the approval of the
Securities & Exchange Commission (SEC).
The statement, signed by the
Group’s Company Secretary, Sunday Ekwochi, confirmed that, “The decision is in
response to the recent nationwide protest that disrupted operations of
businesses and individuals across Nigeria and to provide shareholders with
ample opportunity to subscribe to their rights.
“During the extended period
of the Issue, dealings by the Company’s insiders on the Company’s shares will
continue to be strictly limited to participation in the Rights Issue as earlier
approved by the Exchange in respect of the Non-Dealing Period on the Company’s
Audited Interim Financial Statements for the Period Ended June 30, 2024, until
24 hours after the publication of the Interim Financial Statements.”
For further inquiries or
additional information regarding the Rights Issue, shareholders and prospective
investors are encouraged to contact Access Holdings' Investor Relations team at
Investor.Relations@theaccesscorporation.com.
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Access
Holdings Plc
Access
Holdings Plc is a leading multinational financial services group that offers
commercial banking, lending, payment, insurance, and asset management services.
Headquartered in Lagos, Nigeria, Access Holdings operates through a network of
more than 700 branches and service outlets, spanning three continents, 22
countries, and 60+ million customers.
Access
transitioned into a holding company to drive rapid growth and become a
full-scale ecosystem player offering interconnected services across customer needs.
Established in 2022, Access Holdings Plc consists of the Access Bank Group;
Access Pensions; a Payment and Switching Services Company; a Digital Lending
Company, and an Insurance Brokerage Company. The banking vertical serves its
various markets through four business segments: Retail, Business, Commercial
and Corporate, and has enjoyed what is it arguably Africa’s most successful
banking growth trajectory in the last eighteen years, becoming one of Africa’s
largest retail banks by customer base and Sub-Saharan Africa's largest bank by
total assets.
Access
Holdings strives to deliver sustainable economic growth that is profitable,
environmentally responsible, and socially relevant, helping customers to access
more and achieve their dreams.
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