Chapel Hill Denham is pleased to inform you that the FCMB Group Plc (“FCMB Group” or the “Group” or the “Issuer”) Offer for Subscription of 15,197,289,219 ordinary shares at ₦7.30k (the “Offer”) is NOW OPEN.
The Offer is scheduled to close on Wednesday, September 4, 2024.
FCMB Group is a diversified financial services group with operating companies in Commercial Banking, Consumer Finance, Investment Management, and Investment Banking. The Group’s origins dates back over 45 years and the subsequent establishment of First City Merchant Bank, which was the first independent merchant bank founded by a Nigerian – Otunba Michael Olasubomi Balogun. The bank has since evolved into a financial services holding company serving corporates, SMEs, and individuals through a network of 200 branches and cash centres in each of the 36 states. The Group has over 13.2 million customers.
