Zenith bank plc shares trading has come to a close to enable the board of directors of the company to consider, approve and release the bank Audited financial statements for the half year ended June 30, 2017 in line with post-listing requirements of the Nigerian Stock Exchange for quoted companies.
Accordingly, no Director, employee, person discharging managerial responsibility and adviser of the Company and their connected persons may directly or indirectly deal in the shares of the Company in any manner during the closed period.
Zenith Bank is a Nigerian multinational financial services provider. It is licensed as a commercial bank, by the Central Bank of Nigeria, the central bank and national banking regulator.
Zenith Bank is a large financial service provider in Nigeria and Anglophone West Africa. As at 31 December 2016, its total assets was ₦:4,739,825 million with shareholders’ equity of ₦:616,353 million. The shares of stock of the company are listed on the Nigeria Stock Exchange and the London Stock Exchange.
The bank was established in May 1990 and commenced banking operations in July of the same year. On 17 June 2004, following a successful IPO, the bank became a public limited company. On 21 October 2004 its shares of stock were listed on the Nigeria Stock Exchange (NSE). The bank’s shares are traded on the London Stock Exchange (LSE) following a listing of the $850 million worth of its shares at $6.80 each, in 2013.