Normal Trading Begins on Access Bank Plc

Normal trading has resumed on e shares of Access Bank Plc at the Nigerian Stock Exchange (NSE) today.
“Sequel to our previous note on the final approval of the technical suspension of Access Bank Plc’s shares by the NSE Quotation Committee, scheduled to last from 15th September 2014 to 15th October 2014; the Exchange formally notified the market yesterday (24th September 2014) that the technical suspension has been lifted and normal trading of Access Bank Plc’s shares will commence today (25th September 2014)”, said an Afrinvest report.
This followed the request by Access Bank Plc on September 23rd, 2014 requesting that “the suspension be lifted now that it has eliminated the information asymmetry that existed prior to the announcement of its decision to seek shareholder approval to offer Rights at N8.90”.
Normal trading in Access Bank Plc’s shares have therefore commenced today 25th September 2014.

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