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GTCO offers 2.29bn shares on LSE below NGX price

…at N70 ($0.0459) per share


A total of 2.29 billion shares of Guaranty Trust Holding Company Plc (GTCO) will be issued in US dollars at an offer price of N70 per share ($0.0459), raising gross proceeds of $105million.


GTCO shares traded at N82.75 per share on Thursday, nearing its 52 week high of N84.95 as against 52-week low of N43.

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