Culled—Proshare July 18, 2017/Unity Bank 2016 Annual Financial Statements Included in loans and advances are gross non-performing loans of N361 billion which have been considered for outright sale & management to an institutional asset management company. The Bank executed a Transaction Implementation Agreement (TIA) and a Sales and Purchase Agreement […]
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Cancellation of Staff Share Investment Scheme… Upward Review to Consensus Target Price and EPS Insight
18/7/2017/Cordros Research United Bank for Africa Plc (UBA) published a press release on the NSE this afternoon, stating that a process has been initiated to cancel the shares in its Staff Share Investment Trust Scheme (SSIT) with the crossing of 2,080,104,955 shares to the Bank. The shares were created as […]
UBA Says Cancels Staff Share Investment Trust Scheme
19/7/2017/NSE United Bank for Africa Plc (UBA) announces the crossing of 2,080,104,955 units of its ordinary shares from the Staff Share Investment Trust Scheme (SSIT) to the Bank. This transfer of shares from SSIT to the Bank is part of the process of executing the Special Resolution of the Shareholders […]
