Fidelity Bank PLC is pleased to announce its Rights Issue, offering a total of 10 billion ordinary shares priced at N9.75 per share and 3.2 billion ordinary shares at N9.25 per share. This initiative follows a substantial growth trajectory in our share price over the last three years, from N2.55 in December 2021 to N10.85 in December 2023.
During this period, Fidelity Bank PLC has consistently outperformed the All Share Index four times and exceeded the Banking Index twice, showcasing a remarkable share appreciation of over 290%.
“This Rights Issue presents a significant opportunity for discerning investors to participate in our growth story and secure wealth for future generations,” stated a spokesperson for Fidelity Bank PLC.
Investors interested in participating are encouraged to fill out the attached public offer form and provide proof of payment. Payments should be made to the designated account:
– **Account Number:** 9160000030
– **Account Name:** Fidelity Bank Public Offer/Rights Issue
– **Branch:** Corporate branch, Head office
Shares are available in units of 1,000, priced at N9.75 per unit. For example:
– 1,000 units will cost N9,770
– 10,000 units will cost N97,500
– 100,000 units will cost N975,000
Completed forms, along with payment evidence, should be returned for processing.
“We appreciate your interest in Fidelity Bank PLC and look forward to your participation in our Rights Issue,” concluded the spokesperson.
For further details or assistance, please refer to the attached offer form or contact Fidelity Bank PLC directly.
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