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Thursday, July 24, 2008
   E - BANKING  
 
 
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5 Year History of Capitalisation
Date Authorised Share Capital(i) Issued & Fully Paid Up Share Capital Consideration
N million N million
3 August 2002  2,000 1,275  Bonus (1:2) 
30 September 2004 6,000 1,530 Bonus (1:5) 
1 August 2005  6,000 3,530  Merger with STB(ii) 
22 February 2007  6,000 4,236  Bonus (1:5) 
25 September 2007 6,000 4,393  Cash [Convertible debentures] 
25 September 2007 6,000 5,601 Cash [Public offer] 
25 September 2007 6,000 5,748  Cash [Rights issue] 
18 January 2008 7500 5748 -
18 June 2008 12500 8622 Bonus (1:2)
(i) Consisting of shares of N0.50 each
(ii) Issue of 4 billion ordinary shares in exchange for 8 billion ordinary shares of STB Plc per scheme of arrangement
 
 
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