Country Profile
Nigeria

When a company raises money, either an initial public offering or follow-up offering, the offering may include DRs. The inclusion of DRs may broaden the shareholder base of the company.

After the offering, BNY Mellon collects fees from DR holders pursuant to the terms and conditions of the DRs and the deposit agreement under which they are issued. From time to time,
BNY Mellon may make payments to the issuer to reimburse and / or share revenue from the fees collected from DR holders, or waive fees and expenses to the issuer for services provided, generally relating to costs and expenses arising out of establishment and maintenance of the DR program. BNY Mellon may also transact with affiliated brokers and dealers.

The DR Capital Raising Directory contains data for all related events since January 1, 2000.

Click any DR issue name below to view a comprehensive DR profile
Displaying 1 - 4 of 4

DR Issue Symbol CUSIP Ratio DR:Ord DR Exch DR Price Date DR Price(USD) US / Non-US / Total DRs Placed US / Non-US / Total DR Capital Raised (USD) Pvtzn. Dep. Bank Industry Country Region
Access Bank - Reg. S
--
00433P101
1:100 --
Aug 01, 2007 11.64 0
25,570,500
25,570,500
0
297,656,602
297,656,602
N BK Banks Nigeria Sub-Saharan Africa
Diamond Bank - 144A
Diamond Bank - Reg. S
--
DBP
25256V109
25256V208
1:100 --
London Stock Exchange
Dec 18, 2007 13.30 7,518,797
30,075,188
37,593,985
100,000,000
400,000,000
500,000,000
N BK Banks Nigeria Sub-Saharan Africa
Guaranty Trust Bank - Reg. S
GRTB
40124Q208
1:50 London Stock Exchange
Jul 25, 2007 11.20 0
66,960
66,960
0
749,952
749,952
N JPMC Banks Nigeria Sub-Saharan Africa
United Bank for Africa - Reg. S
--
90953F302
1:200 --
Apr 19, 2007 55.43 0
5,490,000
5,490,000
0
304,299,720
304,299,720
N BK Banks Nigeria Sub-Saharan Africa

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