Fidelity Bank to seek shareholder’s approval for private placement of 3.04 bln shares

Fidelity Bank to seek shareholder’s approval for private placement of 3.04 bln shares: “That the members in recognition of the need to ensure that the Company’s share capital is aligned with the requirements under applicable laws, hereby waive their pre-emptive rights in respect of the 3,037,414,308 unissued Ordinary Shares of 50 kobo each, to be issued by the Company by way of Private Placement.