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UPDATE ON THE PROPOSED MERGER WITH ACCESS BANK PLC

18th Mar 2019 08:02

RNS Number : 1381T
Diamond Bank PLC
18 March 2019
 

 

 

 

March 18, 2019

 

Lagos, Nigeria

 

UPDATE ON THE PROPOSED MERGER WITH ACCESS BANK PLC

 

Diamond Bank Plc ("the Bank'') is pleased to announce that the Bank has received the final approval of both the Central Bank of Nigeria and the Securities and Exchange Commission to the proposed Scheme of Merger ('the Scheme') between the Bank and Access Bank Plc.

The Scheme is subject to judicial sanction of the Federal High Court.

We will provide further update to the market upon receipt of the court sanction of the Scheme.

 

 

Uzoma Uja

Company Secretary/Legal Adviser

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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