GTCO Seeks $100m for Recapitalisation, Targets London Stock Exchange Listing

GTCO seeks $100m for recapitalisation, targets London stock exchange listing

GTCO set to list on London Stock Exchange and raise $100M in equity offering

Guaranty Trust Holding Company Plc (GTCO), the parent company of GTBank, is set to list its shares on the London Stock Exchange (LSE), backed by the plan to raise $100 million (approximately N154 billion) through a fully marketed equity offering. This marks GTCO as the first Nigerian bank to be listed on the LSE. As per information revealed by the Nigerian Exchange Limited (NGX) on Thursday, the initial offering started on Wednesday, July 2, and…

GTCO to Raise $100m From London Stock Exchange Listing

July 03, (THEWILL) — Guaranty Trust Holding Company Plc has announced plans to raise $100 million through a direct listing of its ordinary shares on the London Stock Exchange (LSE), in a strategic move aimed at boosting global visibility and supporting its recapitalisation efforts in line with the Central Bank of Nigeria’s (CBN) new regulatory […] The post GTCO to Raise $100m From London Stock Exchange Listing appeared first on THEWILL NEWS MEDI…

GTCO set to list shares on London Stock Exchange with $100 million offering

GTCO plans to raise $100m through a stock offering and fully list on the London Stock Exchange to support its growth strategy and recapitalise GTBank Nigeria.

GTCO Announces $100m Equity Offering, LSE Share Listing

Guaranty Trust Holding Company Plc (GTCO) has announced the launch of a fully marketed equity offering of new ordinary shares to raise approximately $100m, alongside its plan to transition from Global Depositary Receipts (GDRs) to a direct listing of its shares on the London Stock Exchange (LSE). According to the proposal document submitted to the Nigerian Exchange Limited and seen by THE WHISLER, the equity raise, which commenced on July 2 and …

GTCO to list ordinary shares on London Exchange, targets global capital and higher market volume

Guaranty Trust Holding Company Plc (GTCO) has announced plans to list its ordinary shares on the London Stock Exchange as part of efforts to raise capital on the international market.  The post GTCO to list ordinary shares on London Exchange, targets global capital and higher market volume  appeared first on Nairametrics.