- Shareholder Information
- Notice of Annual General Meeting
Global Depositary Receipts Programme
The domestic custody business in Nigeria is still developing, hence our determined focus on activities that will provide depth, understanding and awareness for the market while providing clients with superior service. The FirstBank Global Depositary Receipts (GDR) of about 7.7 million units created at inception, with each unit being represented by 50 units of FirstBank shares (nominal value) continued to be cancelled and converted by investors during the financial year. The GDR currently stands at about 348,000 units.
The Central Bank of Nigeria has authorised the introduction of a reverse GDR programme to the market. This programme, which allows ordinary shares to be converted into GDRs and the associated Capital Importation Certificate (CCI) to be marked up, is intended to reflate the depleting volumes of GDRs available in the market.
Share Statistics
| 2009 | 2008 | |
|---|---|---|
| Market indicators | ||
| NSE All Share Index | 31,446.96 | 20,827.17 |
| Share statistics | ||
| Share price | ||
| High for the year N | 54.86 | 21.31 |
| Low for the year N | 14.85 | 11.74 |
| Closing N | 18.09 | 14.05 |
| Shares traded | ||
| Number of shares (million) | 7,195 | 5,419 |
| Value of shares (Nmillion) | 98,025 | 130,152 |
Source: Bloomberg
Shareholder Structure as at 31 December 2009
| Class | Number of holders | Holdings | Holdings (%) |
|---|---|---|---|
| Federal Government | 37 | 41,476,918 | 0.14 |
| State Government | 169 | 198,142,016 | 0.68 |
| Institutional Nigerian ownership | 19,893 | 10,207,382,632 | 35.19 |
| Retail Nigerian holdings | 1,283,932 | 18,520,317,063 | 63.86 |
| Foreign | 1,723 | 38,978,577 | 0.13 |
| 1,305,754 | 29,006,297,206 | 100 |
Dividend History
| S/N | Div. Type | Year End | Date Declared | Total Div. Amt. (N) | Div. per Share | Net Div. Amt. Unclaimed | % Net Div. Amt. Unclaimed |
|---|---|---|---|---|---|---|---|
| 42 | Final | 31/03/1998 | 19/08/1999 | 1,625,897,206.00 | 1.00 | 34,216,852.50 | 2.10 |
| 43 | Final | 31/03/1999 | 31/07/2000 | 2,032,371,507.50 | 1.25 | 50,034,916.61 | 2.46 |
| 44 | Final | 31/03/2000 | 30/07/2001 | 2,113,785,913.20 | 1.30 | 77,592,345.94 | 3.67 |
| 45 | Final | 31/03/2001 | 05/08/2002 | 2,640,065,847.90 | 1.30 | 85,135,496.65 | 3.22 |
| 46 | Final | 31/03/2002 | 04/08/2003 | 3,811,263,675.00 | 1.50 | 100,498,274.91 | 2.64 |
| 47 | Final | 31/03/2003 | 23/08/2004 | 5,513,901,111.80 | 1.55 | 194,040,085.37 | 3.52 |
| 48 | Final | 31/03/2004 | 29/08/2005 | 6,403,122,540.00 | 1.60 | 245,532,050.60 | 3.83 |
| 49 | Final | 31/03/2005 | 28/08/2006 | 5,239,237,558.00 | 1.00 | 267,478,582.86 | 5.11 |
| 50 | Final | 31/03/2006 | 09/03/2007 | 10,479,845,385.00 | 1.00 | 873,485,340.35 | 8.33 |
| 51 | Final | 31/03/2007 | 24/08/2008 | 21,481,234,960.68 | 1.20 | 1,882,075,464.12 | 8.76 |
| 52 | Final | 31/03/2009 | 24/08/2009 | 30,207,986,658.90 | 1.35 | 6,735,678,280.96 | 22.3 |
Financial Calendar
| Events | Date |
|---|---|
| Publication of 9 months to December 09 results | 20 April |
| Publication of Q1 2010 results | 21 April |
| AGM | 27 May |
| Publications of Q2 results | 20 July |
| Publications of Q3 results | 3 November |
Share Capitalisation History
Authorised N |
Issued (N) |
|||||
|---|---|---|---|---|---|---|
| Year | Increase | Cumulative | Increase | Cumulative | No. of shares | Consideration |
| 31 Dec 1973 | - | 10,000,000 | 9,700,000 | 9,700,000 | Cash | |
| 10 Jun 1975 | 5,000,000 | 15,000,000 | 1,940,000 | 11,640,000 | 11,640,000 | Bonus |
| 27 Jul 1976 | - | 15,000,000 | 2,328,000 | 13,968,000 | 13,968,000 | Bonus |
| 28 Jul 1977 | 10,000,000 | 25,000,000 | 6,984,000 | 20,952,000 | 20,952,000 | Bonus |
| 27 Jul 1978 | 5,000,000 | 30,000,000 | 8,381,000 | 29,333,000 | 29,333,000 | Bonus |
| 28 Dec 1978 | 10,000,000 | 40,000,000 | - | 29,333,000 | 29,333,000 | - |
| 26 Jul 1979 | 10,000,000 | 50,000,000 | 14,666,200 | 43,999,200 | 43,999,200 | Bonus |
| 26 Jul 1980 | 20,000,000 | 70,000,000 | 2,315,747 | 46,314,947 | 46,314,947 | - |
| 24 Jul 1980 | - | 70,000,000 | 9,262,990 | 55,577,937 | 55,577,937 | Bonus |
| 29 Apr 1981 | - | 70,000,000 | 5,557,792 | 61,135,729 | 61,135,729 | Bonus |
| 29 Apr 1982 | 50,000,000 | 150,000,000 | - | 61,135,729 | 61,135,729 | - |
| 16 Apr 1986 | - | 150,000,000 | 6,113,574 | 67,249,303 | 67,249,303 | Bonus |
| 9 Apr 1987 | - | 150,000,000 | 13,449,862 | 80,699,165 | 80,699,165 | Bonus |
| 8 Apr 1988 | - | 150,000,000 | - | 80,699,165 | 80,699,165 | - |
| 27 Apr 1989 | - | 150,000,000 | - | 80,699,165 | 161,398,330 | Stock split from N1.00 to 50 kobo |
| 26 Apr 1990 | - | 150,000,000 | - | 80,699,165 | 161,398,330 | - |
| 26 Apr 1991 | - | 150,000,000 | - | 80,699,165 | 161,398,330 | - |
| 27 Apr 1992 | - | 150,000,000 | - | 80,699,165 | 161,398,330 | - |
| 29 Apr 1993 | - | 150,000,000 | 26,899,721 | 107,598,886 | 215,197,772 | Bonus |
| 28 Apr 1994 | 150,000,000 | 300,000,000 | 107,598,882 | 215,197,768 | 430,395,536 | Bonus |
| 25 Apr 1995 | - | 300,000,000 | 53,799,441 | 268,997,209 | 537,994,418 | Bonus |
| 25 Apr 1996 | - | 300,000,000 | 67,249,301 | 336,246,510 | 672,493,020 | Bonus |
| 22 May 1997 | 700,000,000 | 1,000,000,000 | 1,000,000,000 | 436,246,510 | 872,493,020 | Cash |
| 22 May 1997 | - | 1,000,000,000 | 84,061,627 | 520,308,137 | 1,040,616,274 | Bonus |
| 23 Jul 1998 | - | 1,000,000,000 | 130,077,034 | 650,385,171 | 1,300,770,342 | Bonus |
| 27 Jul 2000 | - | 1,000,000,000 | 162,596,292 | 812,981,463 | 1,625,962,926 | Bonus |
| 26 Jul 2001 | 2,000,000,000 | 3,000,000,000 | 203,245,365 | 1,016,226,828 | 2,032,453,656 | Bonus |
| 31 Jul 2002 | - | 3,000,000,000 | 254,056,705 | 1,270,283,533 | 2,540,567,066 | Bonus |
| 31 Jul 2003 | - | 3,000,000,000 | 254,056,705 | 1,524,340,238 | 3,048,680,476 | Bonus |
| 19 Nov 2003 | - | 3,000,000,000 | 254,056,705 | 1,778,396,943 | 3,556,793,886 | Cash |
| 19 Aug 2004 | - | 3,000,000,000 | 222,299,589 | 2,000,696,532 | 4,001,393,063 | Bonus |
| 20 Jun 2005 | - | 3,000,000,000 | 500,174,160 | 2,500,870,692 | 5,001,741,383 | Bonus |
| 3 Jan 2006 | - | - | 20,009,495 | 2,520,880,187 | 5,041,760,373 | FBN Plc Shares Issued In Exchange for Minority Shares In FBN Merchant Bankers |
| 3 Jan 2006 | - | - | 64,196,005 | 2,585,076,192 | 5,170,152,383 | FBN Plc Shares Issued In Exchange for MBC Shares |
| 3 Jan 2006 | - | - | 34,258,503 | 2,619,334,694 | 5,238,669,388 | FBN PLC Shares Issued to majority Shareholders In FBN Merchant Bank arising from the Consolidation |
| 24 Aug 2006 | 7,000,000,000 | 10,000,000,000 | 2,619,334,694 | 5,238,669,388 | 10,477,338,776 | Increase/Bonus |
| 22 Aug 2007 | - | - | 873,111,565 | 6,111,780,953 | 12,223,561,906 | Bonus |
| 1 Jul 2007 | - | - | 3,833,235,233 | 9,945,016,186 | 19,890,032,371 | 2007 Hybrid Offer |
| 22 Aug 2008 | 5,000,000,000 | 15,000,000,000 | 2,486,254,046 | 12,431,270,232 | 24,862,540,463 | Bonus |
| 20 Aug 2009 | - | 15,000,000,000 | 2,487,000,000 | 4,143,756,743 | 29,006,297,206 | Bonus (1 for 6) |