First Bank Confirms Femi Otedola As A Shareholder In Their Company.

First bank has finally confirm Femi Otedola as a shareholder in their company.

The leading body of First Bank of Nigeria Holdings Plc (FBNH) will probably observe an acclimation to suit a significant change in the ownership formation of the holding company for First Bank of Nigeria Limited (FBN).

BUSINESS HALLMARK reports that the First Bank of Nigeria Holdings Plc (FBNH), in an assertion given on the Nigerian Exchange Limited’s entrance; had stopped the debate and declared that the Chairman of Calvados Global Services Limited, Mr Femi Otedola; had gained a significant shareholding in the company.

Consequently, as indicated by BUSINESS HALLMARK, the organization’s secretary, Mr Seyi Kosoko expressed:

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“We refer to our communication to the market dated, October 22, 2021; on the above subject wherein we stated that we would inform the public of any substantial acquisition; upon receipt of notification from the shareholder.

“This morning, October 23, 2021, FBN Holdings Plc received a notification from APT Securities and Funds Limite;, that their client, Mr Otedola Olufemi Peter; and his nominee, Calvados Global Services Limited; have acquired a total of 1,818,551,625 units of shares from the company’s issued share capital of 35,895,292,791.

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