Fidelity Bank PLC on Tuesday embarked on three- kilometre walk to sensitise residents to its 3.2 billion right issue and a 10 billion ordinary shares of 50 kobo each to the general public.
The walk, led by one of its Branch Manager, Mr. Ebi Ayerite started from Okaka Market through Opolo and Tombia to Swali Altra-Modern Market in Yenagoa.
Ayerite told the News Agency of Nigeria (NAN) that the sensitisation show was to draw the attention of the public to the offer, which ends on July 29.
According to Ayerite, the bank’s right issue of 3.2 billion will go for N9.25 per share while the 10 billion shares to the public will cost N9.75 per share.
He said that the bank’s shares remained one of the best in the market in Nigeria.
“The acceptance and application lists for the rights issue and public offer, which opened on June 20, 2024, are scheduled to close on July 29.
”We are here to reach out to all, irrespective of size, age and race
“Since the show started, many of the residents have picked the form, filled and returned it,’ he said.
He assured prospective investors that they would receive returns for their investment.
Ayerite said that Fidelity Bank has a strong and experienced Board of Directors, comprising seasoned professionals in the oil and gas, finance, and investment banking. (NAN)
