According to a corporate filing on the NGX website on Tuesday, the Registrars will send the Scheme Consideration to all the bank’s shareholders, pursuant to the decision of the Court-Ordered Meeting and the subsequent sanction by the Federal High Court.
The filing signed by Union Bank’s Company Secretary, Somuyiwa Sonubi, enjoined all shareholders to ensure that their accounts have been duly mandated, for the purpose of receiving the Scheme Consideration.
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