Shareholders endorse Access, Diamond Banks proposed merger - Vanguard News Nigeria

The shareholders of Access Bank Plc commended the merger while demanding that the Board of Directors should ensure that their value of investment is adequately maximised.

The shareholders who voted in support of the merger pulled 97.89 percent or 14,298,393,943 units of shares, while those against stood at 2.11 percent or 307,122,041 units shares.Some of the shareholders leaders that spoke at the meeting include Mr. Adebayo Adeleke of Independent Shareholders Association of Nigeria , Mrs. Bisi Bakare of the Pragmatic Shareholders Association of Nigeria , and Muktar Muktar of Trusted Shareholders’ Association of Nigeria .

While explaining the benefit of the merger, Group Managing Director/CEO, Access Bank, Herbert Wigwe said: “After the merger, we would attract more opportunities such as trade finance from international partners.

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