NSE Lists Additional Shares Arising from the Scheme of Merger between ACCESS and DIAMONDBNK – Proshare Nigeria Limited

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Monday, April 1, 2019 03:43PM / NSE Further to the Market Bulletin of 20 March 2019, with Reference Number: NSE/LARD/LRD/MB19/19/03/20, wherein the market was notified of the suspension of trading in the shares of Diamond Bank Plc, following the Court Sanction of the Scheme of Merger (Scheme) between Access Bank Plc and Diamond Bank Plc, you are hereby notified that the National Council of The Nigerian Stock Exchange on Friday, 29 March 2019 approved the listing of 6,617,253,991 ordinary shares of 50 Kobo each of Access Bank Plc resulting from the Scheme. Consequently, the resultant Scheme shares of 6,617,253,991 ordinary shares of 50 Kobo each of Access Bank Plc, were listed today Monday, 1 April 2019, while the entire 23,160,388,968 ordinary shares of Diamond Bank Plc were delisted from the Daily Official List of The Exchange today Monday, 1 April 2019. With the listing of the additional 6,617,253,991 ordinary shares arising from the Scheme, the total issued and fully paid up shares of Access Bank Plc has increase from 28,927,971,631 ordinary shares to 35,545,225,622 ordinary shares of 50 Kobo each. Visit Access Bank Plc IR Page in Proshare MARKETSGraph – One Year Share Price Movement Table – 2018FY Results Related News1.       Creating One of Africa’s Leading Retail Banks – Launch of the New Access Bank Brand 2.      Access Bank Ratings Affirmed; Outlook Stable; Diamond Bank Ratings Discontinued On Effective Merger 3.      ACCESS Updates on Scheme Consideration of Cash and Shares for Shareholders of DIAMONDBNK 4.      Full Suspension of Trading In Shares Of Diamond Bank Plc – NSE 5.      Access Bank Plc Announces the Company’s Board Meeting Date and Closed Period 6.      Access Bank Plc Holds Signing Ceremony for N15 Billion Green Bond Issuance 7.      Access Bank Plc Obtains Court Sanction Of The Merger With Diamond Bank 8.     Access Bank Notifies of CBN and SEC’s Final Approval of the Proposed Merger with DIAMONDBNK 9.      Access Bank Plc FY 2018 Conference Call and Earnings Presentation – The Key Takeaways 10.  ACCESS Declares N94.98bn PAT in Q4 2018 Results, Proposes N0.25k Final Dividend 11.   Diamond Bank Shareholders Approve Merger with Access Bank 12.  Shareholders Endorse Access Bank’s Plan to Merge with Diamond Bank Plc 13.  Another Merger Benefit as Diamond Bank Introduces PayDay Loan 14.  Access Bank Gets CBN, SEC’s Approval To Acquire Diamond Bank 15.   Access Bank to have 12million BVN Accounts After Merger with Diamond 16.  Access Bank Announces The Cancellation Of EGM Scheduled To Hold On February 1, 2019 17.   Access Bank Plc Announces Date of Board Meeting and Closed Period 18.  Access Bank Gets CBN, SEC’s Approval To Acquire Diamond Bank – Vanguard – Jan 15, 2019 19.  Access Bank to have 12million BVN Accounts After Merger with Diamond 20. Nigeria-Based Access Bank And Diamond Bank Ratings Affirmed On Announced Merger; Outlook Stable 21.  Customers To Access 3,100 Access-Diamond Bank ATMs Free By January 1st, 2019 22. Fitch Places Diamond and Access on Rating Watch on Merger Announcement 23. Moody’s: Access, Diamond Deal, Positive for Nigerian Banking System – ThisDay – Dec 22, 2018 24. Access Bank To Hold An EGM On February 01 2019 To Seek Shareholders’ Approval on Potential Merger 25.  Key Takeaways From The Conference Call On The Potential Access Bank – Diamond Bank Merger 26. Access – Diamond Merger: Post-Consolidation, Capital Raise, Jobs, Branches And Investors 27.  Diamond Bank Gains N4.40bn In Market CAP In Two Days – ACCESS Dips By -5.52% As DIAMOND Gains 9.62% 28. Initial Thoughts on Potential Merger To Create Nigeria’s Largest Bank 29. SEC Nigeria Confirms Notice OF Access – Diamond Bank Potential Merger Plans 30. Access Bank Gains N20.25b In Market CAP Today – ACCESS Grows By 9.40% As DIAMONDBNK Gains 9.47% 31.  Diamond Bank Eurobond Rallies 800bps Following Merger Announcement 32. Diamond Bank Selects Access Bank As Preferred Bidder For Potential Merger 33. ACCESS, DIAMONDBNK Share Prices Move Up On Potential Merger News 34. Access Bank Confirms The Signing of Memo of Agreement with Diamond Bank Over A Potential Merger 35.  What Does It Mean That Independent Directors Accuse Diamond Bank Of Corporate Governance Issues? 36. Why Diamond Bank Opted For A CBN-Managed Acquisition By Access Bank Over The Carlyle Group 37.  Access Bank and Diamond Bank Issue Denials on M and A 38. Diamond Bank Receives CBN Approval To Operate As A National Bank 39. DIAMONDBNK Lost N5.09bn This Week To Date; Extends November Loss to N15.75bn 40. Diamond Bank Plc – Overblown Fright Or Justified Concerns? 41.  Diamond Bank Trades 59% of Total Market Volume; Hits 208.68m, Highest in 10 Months 42. DIAMONDBNK Has Lost N12.74bn in Market CAP, 39.01 per cent Month To Date 43. Fitch Downgrades Diamond Bank to ‘CCC’ 44. Fitch Affirms Access Bank at ‘B’; Stable Outlook 45.  Nigerian Diamond Bank Downgraded On Weaker-Than-Expected Asset Quality; Outlook Negative 46. Diamond Bank Plc Postpones 9M 2018 Conference Call Due to Unforeseen Circumstances 47.  Diamond Bank Plc 9M 2018 – Underlying Pressures Persist 48. Access Bank Plc Q3”18 Results – Lower Cost of Funds; Better Asset Quality Propel Earnings 49. Diamond Bank Plc Refutes Recent Speculations On Capital Injection 50. Access Bank Plc 2018- 2022 Strategy – Presentation 51.   2018-2022 Transformational Strategy: Access Bank targets 30ml customers 52.  Access Bank Launches New Five-Year Strategy – to Become Africa’s Gateway to the World
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