UNION BANK NIG.PLC. (UBN) STOCK

Company Name: UNION BANK NIG.PLC. (UBN)
Ticker: UBN
Market Classification: Main Board
Sector: FINANCIAL SERVICES
Sub Sector: Banking
Nature of Business: Commercial Banking
Company Address: Stallion Plaza 36 Marina Lagos
Telephone: 23412716800
Fax:
Email: investorrelations@unionbankng.com
Auditor: KPMG Professional Services
Registrar:
Company Secretary: Somuyiwa Adedeji Sonubi
Date Listed:
Date of Incorporation:
Website:
Board Of Directors:
Nath Ude

Trading Information
Trading Name: UNION BANK NIG.PLC. (UBN)
Ticker Symbol: UBN
Sector: FINANCIAL SERVICES
Sub Sector: Banking
Market Classification: Main Board
Market Cap (Mil.): 192,196,968,400.80
Shares Outstanding (Mil.): 29,120,752,788

UNION BANK DIVIDEND FOR 2020

Union Bank Plc Closure of Register Year Ended 31 December 2019
Proposed Dividend: Final Dividend of N0.25 kobo per share Proposed Bonus: Nil Qualification Date: Friday, 24th April 2020 Closure Date: Monday, 27th – Thursday, 30th April 2020 AGM Date: Tuesday, 5th May 2020 Payment Date: Wednesday, 6th May 2020 AGM Venue: To be Advised

Titan Trust Bank, yesterday, formalised and acquired 89 per cent of Union Bank of Nigeria (UBN) Plc in an off-market deal worth N191 billion.

Capital market analysts noted that, “the acquisition stands as the biggest in recent years, dwarfing the N120 billion Crown Mills paid to acquire Dangote Flour Mills and the N91 billion NIPCO paid for a majority share in Mobil Nigeria. Also, this is the biggest deal in the banking space since the N72 billion merger between Access Bank and Diamond Bank Plc.”

Titan Trust Bank’s deal yesterday bloated the entire stock market trade metrics, as volume traded came in at 27.565 billion units, while traded value settled at N194.356 billion.