GTCO public offer of 9billion ordinary shares at N44.50k per share now open for subscription

GTCO public offer offering 9,000,000,000 (9 billion) New Ordinary Shares of 50 kobo each at N44.50 per offer share by way of a Public Offer to raise Equity Capital of N400.5Bn. There are GTBank Branches in every State in Nigeria. Please visit the GTBank branch closest to you; complete an Application Form, Pay and Submit.

The Offer opens on Monday, 15 July 2024, and closes on Monday, 12 August 2024. Anyone can apply to the Public Offer. Kindly read the Offer Prospectus at www.gtcoplc.com for more information on the application process.

Application for the Offer Shares can be made in physical format at all branches of GTBank Nigeria Nationwide, all branches of the receiving agents listed in the Prospectus.

Applications can also be made in electronic format through the electronic application channel. For the general terms and conditions and other relevant information about the process of application, kindly read the Prospectus on our website www.gtcoplc.com.

Historically, GTCO have consistently paid out about 45 to 50 percent of profits as dividends. With the potential of enhanced profitability and the stand taken by the CBN on retained earnings (given that it is no longer as important in their assessment of regulatory capital), shareholders can expect higher dividends in coming years.

Full details are in the Offer Prospectus. For investment advice, contact our Investor Relations team at +234 2012714580 or email [email protected] and [email protected] Before subscribing, please contact your stockbroker, solicitor, banker or an independent adviser registered by the SEC for guidance.