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Sterling Financial Holdings relists on NGX at N77.00 after 1-for-10 reconstruction

Sterling Financial Holdings Company Plc has completed its 1-for-10 share reconstruction and resumed trading on the Nigerian Exchange at a reference price of N77.00, up mechanically from N7.70 before…

  • Sterling Financial Holdings relists on NGX at N77.00 after 1-for-10 reconstruction
  • Share reconstruction reduces outstanding shares by 90% from 68.50 billion to 6.85 billion
  • Reconstruction approved by shareholders at AGM following High Court order and SEC clearance

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