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Some of our client companies and various offers
handled on their behalf are as follows:
A. PUBLIC/RIGHTS OFFERS
| Date |
Client |
Transaction Type |
Offer Value (N'000) |
| 1973 |
FAMAD PLC |
Offer for subscription of ordinary shares |
1,560 |
| 1974 |
CFAO NIG. PLC |
Offer for sale of ordinary shares |
1,161 |
| 1974 |
COSTAIN W.A. PLC |
Offer for subscription of ordinary shares |
00.426 |
| 1977 |
FAMAD PLC |
Offer for sale of ordinary shares |
1,280 |
| 1977 |
CFAO NIG. PLC |
Offer for sale of ordinary shares |
2,465 |
| 1978 |
COSTAIN W.A. PLC |
Offer for sale of ordinary shares |
00.598 |
| 1978 |
TAYLOR WOODROW |
Offer for subscription of ordinary shares |
1,620 |
| 1979 |
INTRA MOTORS PLC |
Offer for sale of ordinary shares |
2,400 |
| 1980 |
FIRST BANK PLC |
Offer for subscription of ordinary shares |
3,474 |
| 1986 |
JULI PLC |
Offer for subscription of ordinary shares |
1,040 |
| 1991 |
OANDO PLC |
Offer for sale of ordinary shares (TCPC) |
96,000 |
| 1992 |
FIRST BANK PLC |
Offer for sale of ordinary shares |
144,477 |
| 1993 |
INT’L TRUST BANK PLC |
Offer for subscription of ordinary shares |
41,909 |
| 1994 |
FIRST BANK PLC |
Offer for sale of ordinary shares |
399,106 |
| 1994 |
OANDO PLC |
Offer for sale of ordinary shares |
118,750 |
| 1995 |
COSTAIN W.A. PLC |
Offer for subscription of ordinary shares |
51,414 |
| 1996 |
FIRST BANK PLC |
Offer for Sale of ordinary shares |
399,461 |
| 1996 |
CFAO NIG. PLC |
Right Issue |
51,414 |
| 1996 |
AFRICAN PAINTS |
Offer for subscription of ordinary shares |
60,000 |
| 1996 |
FAMAD PLC |
Offer for subscription of ordinary shares |
50,000 |
| 1997 |
FIRST BANK PLC |
Offer for subscription of ordinary shares |
2,100,000 |
| 2000 |
OANDO PLC/BPE |
Offer for Sale of ordinary shares |
1,812,500 |
| 2001 |
OANDO PLC |
Irredeemable Convertible Loan Stock (Rights) |
$1,200,000 |
| 2002 |
DAILY TIMES |
BPE Offer 2002 |
1,363,000 |
| 2002 |
CO-OPERATIVE DEV. BANK PLC |
Right Offer 2002 |
768,000 |
| 2003 |
AGIP/OANDO PLC |
Scheme of Merger |
137,122 |
| 2004 |
STANDARD TRUST BANK PLC |
Public Offer |
4,000,000 |
| 2007 |
FIDELITY BANK |
Offer for Subscription and Right Issue |
|
| 2007 |
BANK PHB |
Initial Public Offer |
85,000,000 |
The professional and prompt manner with which the 2001 OANDO
Irredeemable Convertible Loan Stock (Rights) was handled
earned us a letter of commendation from a leading issuing
house - FCMB Capital Markets. We also got letter of commendation
from OANDO PLC (formerly Unipetrol) for the prompt manner
we handled the Agip/OANDO PLC merger.
B. BONDS / DEBENTURES
| Date |
Client |
Transaction Type |
Offer Value (N'000) |
| 1994 |
KADUNA STATE GOV. |
1st & 2nd Kaduna State Bond |
50,000 |
| 1995 |
ASWANI TEXTILE |
Redeemable Debenture |
40,000 |
| 1995 |
JULI PLC |
Debenture |
13,500 |
| 1995 |
CFAO NIG. PLC |
Redeemable Debenture |
5,000 |
| 1995 |
CFAO NIG. PLC |
Redeemable Debenture |
0,000 |
| 1997 |
CFAO NIG. PLC |
Debenture |
50,000 |
| 2002 |
FIDELITY BANK PLC |
NIGFUND OFFER |
500,000 |
| 2002 |
LAGOS STATE GOVT. |
GOVT. BOND |
15,000,000 |
| 2004 |
THE IBTC |
NIGERIAN EQUITY FUND |
5,000,000 |
C. EXPERIENCE IN COUPON / divIDEND PAYMENTS
As part of our roles
over the years, we have dutifully carried out the function
of disbursing coupons and dividend payments to our clients'
numerous shareholders nationwide. In the last five years,
we disbursed well over N7.877billion coupons/dividends
in respect of Debentures and Ordinary Shares. Hence, we
are ready to perform this duty on your behalf professionally.
SUMMARY OF COMPANIES COUPON/divIDEND PAYMENTS
COMPANY – OANDO PLC (FORMERLY UNIPETROL NIG. PLC)
| Year Ended |
Amount(NGN) |
| 31/12/96 |
250,000,000 |
| 31/12/97 |
62,500,000 |
| 31/12/98 |
156,250,000 |
| 31/12/99 |
234,375,000 |
| 31/12/00 |
351,563,000 |
| 31/12/01 |
351,563,000 |
| TOTAL |
1,406,251,000 |
COMPANY – FIRST BANK OF NIGERIA PLC
| Year Ended |
Amount(NGN) |
| 31/12/96 |
377,000,000 |
| 31/12/98 |
1,169,000,000 |
| 31/03/99 |
1,041,000,000 |
| 31/03/00 |
1,626,000,000 |
| 31/03/01 |
2,114,000,000 |
| 31/03/02 |
2,642,000,000 |
| 31/0303 |
3,811,000,000 |
| TOTAL |
12,780,000,000 |
COMPANY - CFAO NIGERIA PLC
| Year Ended |
Amount(NGN) |
| 31/12/96 |
46,800,000 |
| 31/12/97 |
46,800,000 |
| 31/12/98 |
59,800,000 |
| 31/12/99 |
59,800,000 |
| 31/12/00 |
62,400,000 |
| 31/12/01 |
62,400,000 |
| 31/12/02 |
145,600,000 |
| TOTAL |
483,600,000 |
COMPANY – CFAO DEBENTURES
| Year Ended |
Amount(NGN) |
| 1998 |
13,120,000 |
| 1999 |
16,620,000 |
| 2000 |
14,920,000 |
| 2001 |
30,000,000 |
| 2002 |
47,038,000 |
| 2003 |
39,000,000 |
| TOTAL |
160,698,000 |
COMPANY - LONGMAN NIGERIA PLC
| Year Ended |
Amount(NGN) |
| 31/12/96 |
17,500,000 |
| 31/12/97 |
17,500,000 |
| 31/12/98 |
26,250,000 |
| 31/12/99 |
42,000,000 |
| 31/12/00 |
42,000,000 |
| 31/12/01 |
26,250,000 |
| 31/12/02 |
36,750,000 |
| TOTAL |
208,250,000 |
| GRAND TOTAL |
14,952,761,000 |
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