Nov 6 (Lagos) - GT Bank (
GUARANTY ) announced that it has received approval from CBN to restructure to a holding back structure. All shares of existing company will be exchanged with new shares of the holding company.
The existing company will be de-listed from the stock exchange and converted to a private company while the holding company will be listed on the stock exchange.
So no GTB is not de-listing from the exchange as per the rumor mongers on social media. Shares of
GUARANTY are currently trading at N 33 per unit in afternoon trading.
reporting for easykobo.com on Friday, Nov 6 2020 from Lagos, Nigeria