Sterling Bank Restructures Capital
 10th OCT 2006

Sterling Bank Plc's share capital was reconstructed last week, following the recommendation of the board of directors. The bank's issued shares were reduced from 21.1 billion units at N2.80 per share to 10.55 billion units at N5.60 per share, which led to the lifting of the technical suspension on the bank's share price. With the development, the bank's share price would be able to move freely and investors will enjoy capital appreciation.

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