has awarded about 24 million ordinary shares worth N427 million to its senior executives as part of the group’s compensations for their leadership roles.
A total of 23.8 million ordinary shares worth N427.13 million were awarded to some of the group’s senior executives and executives of Access Bank, its flagship subsidiary. This was in pursuant of the terms of its shareholders’ approved employees’ performance share plan. Shareholders of Access Holdings had at their annual general meeting increased the issued share capital of the company from N17.773 billion of 35.545 billion ordinary shares of 50 Kobo each to N26.659 billion of 53.318 billion ordinary shares of 50 kobo each by the creation of additional 17.773 billion ordinary shares of 50 Kobo, ranking pari-passu with the existing ordinary shares of the company.
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