Director Dealing
ABBEY MORTGAGE BANK PLC DIRECTORSDEALINGS
* VFD Group PLC, a substantial shareholder of Abbey Mortgage Bank Plc, purchased 287,008,970 ordinary shares. * The shares were acquired at an average price of N6.20 per share on June 1, 2026, via the Nigerian Exchange Limited.
Director Dealing
ABBEY MORTGAGE BANK PLC DIRECTORSDEALINGS
* VFD Group PLC, a substantial shareholder, purchased 287,008,970 ordinary shares of Abbey Mortgage Bank Plc. * The transaction took place on June 1, 2026, on the Nigerian Exchange Limited at an average price of N6.20 per share.
Corporate Action
ABBEY MORTGAGE BANK PLC-ANNOUNCEMENT OF CONVERSION TO A REGIONGAL COMMERCIAL BANK
* Abbey Mortgage Bank Plc has received approval from the Central Bank of Nigeria and other regulatory authorities to convert from a Primary Mortgage Bank to a Regional Commercial Bank. * Following a resolution passed at the Extra-ordinary General Meeting on January 24, 2025, the bank has officially changed its corporate name to "Abbey Bank Plc."
Corporate Action
ABBEY MORTGAGE BANK PLC-RESOLUTIONS PASSED AT 34TH ANNUAL GENERAL MEETING
* Shareholders approved a dividend payment of ₦1,218,461,538.48 (12 kobo per 50k share) for the 2025 financial year. * The company authorized a ₦100 billion debt issuance programme and a capital raise of up to ₦64.5 billion via private placement at ₦2.43k per share. * Shareholders approved an increase in the bank's issued share capital to ₦18,358,246,709.50 and authorized an additional capital raise of up to ₦100 billion through various financial instruments, including rights issues or public offers.
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