Overview

CardinalStone Partners Limited is pleased to inform you of Zenith Bank PLC’s (“Zenith Bank” or the “Bank”) Rights Issue of 5,232,748,964 Ordinary Shares of ₦0.50 Kobo each at ₦36.00 per share on the basis of 1 new ordinary share for every Six (6) existing ordinary shares held as of Wednesday, July 24, 2024 (the “Rights Issue”) and Offer for Subscription of 2,767,251,036 Ordinary Shares Of ₦0.50 Kobo each at ₦36.50 per share (the “Offer”).

The Offer is scheduled to close on Monday, 23 September 2024.

Zenith Bank is a leading financial institution renowned for its excellent service delivery, innovative banking solutions, and strong financial performance. Since its inception in 1990, Zenith Bank has grown exponentially, establishing a robust network of branches across Nigeria and maintaining a significant presence in the global financial market. 

The Bank offers a comprehensive range of financial services including corporate and investment banking, personal and business banking, and wealth management. With a commitment to adopting cutting-edge technology, Zenith Bank continuously enhances its digital banking platforms to provide seamless, secure, and convenient banking experiences to its customers.
 
Zenith Bank operates a group structure with 4 banking subsidiaries including Zenith Bank (Ghana) Limited, Zenith Bank (Sierra Leone) Limited, Zenith Bank (Gambia) Limited, Zenith Bank (United Kingdom) Limited and 2 non-banking subsidiaries including Zenith Nominees Limited and Zenith Pension Custodian Limited. The Bank also operates through a network of 36 regional head offices, 447 branches and 21,000 ATMs across Nigeria and other countries serving over 33 million customers.