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  #1 (permalink)  
Old 7th January 2008, 10:59 AM
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Default Mansard Insurance Plc (Formerly Guaranty Trust Assurance Plc)

ALL,
The gist is the GTA intends to raise it's share capital from N5B to N13B between now and the next month.
I do not know anyother way that can be accopmlished except thru PP.
Member are advised to put their ears on the ground.

Cheers.
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  #2 (permalink)  
Old 7th January 2008, 12:25 PM
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I thought they just concluded one some months ago
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Old 7th January 2008, 12:26 PM
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Quote:
Originally Posted by faoogoke View Post
ALL,
The gist is the GTA intends to raise it's share capital from N5B to N13B between now and the next month.
I do not know anyother way that can be accopmlished except thru PP.
Member are advised to put their ears on the ground.

Cheers.
We do not have to jump into conclusion too quickly as the parent company, GTB, may inject the additional capital into it. GTB, unlike Wema Bank or UBN, has never publicly indicated its interest to list any of its subsidiaries in the stock exchange.
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Old 7th January 2008, 01:09 PM
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I agree with you risk return. GTBank would probably be pumping the increase in share capital.
Eventually, many of those bank will list their subsidiaries as I heard UBA plans to do, and as a condition of the NSE must raise some capital by pp before being considered for listing.
How soon? only time will tell.
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Old 7th January 2008, 02:24 PM
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Surely, as their subsidiaries get bigger n earn beta bucks they'd need to spinn off. So lets look at year end for some bank subsidiaries pp
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Old 8th January 2008, 08:33 AM
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Default Gta

Since GTA has just done a private placement, I expect that they would be doing an Initial Public Offer soon.
I heard that the private placement was very profitable for its investors too.
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Old 14th May 2008, 06:31 PM
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Default Gta

I gathered from two reliable sources 2 weeks ago that GTA are about to undertake a rights offer. Does anyone have any information about this rights offer?
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Old 27th May 2008, 06:09 PM
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Does anyone have any info on GTA's proposed Right issue? How can one get in on it? Is it possible to get someone that took part in the PP but is not interested in the rights? I am interested
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Old 28th May 2008, 08:07 AM
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Quote:
Originally Posted by JB7 View Post
Does anyone have any info on GTA's proposed Right issue? How can one get in on it? Is it possible to get someone that took part in the PP but is not interested in the rights? I am interested
The rights issue is for current shareholders iin the company. You'll have to wait till the shares are listed to get a bite.
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Old 28th May 2008, 06:24 PM
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Quote:
Originally Posted by faoogoke View Post
The rights issue is for current shareholders iin the company. You'll have to wait till the shares are listed to get a bite.
Faoogoke,

I have GTA shares already. Do you know when the Rights Offer starts. Please let me know.
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Old 28th May 2008, 08:38 PM
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You can check this on SEC website under Current issues
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Old 29th May 2008, 06:39 PM
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Quote:
Originally Posted by 5959olu View Post
You can check this on SEC website under Current issues
Thank you so much 5959olu. I am still trying to get into the SEC Website. Its kind of difficult to access it. But, i will keep trying.
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  #13 (permalink)  
Old 29th May 2008, 07:03 PM
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Quote:
Originally Posted by prince dagbolu View Post
Thank you so much 5959olu. I am still trying to get into the SEC Website. Its kind of difficult to access it. But, i will keep trying.
Try this link... New Issues Underprocessing

just check it and it easy 2 access
__________________
Once u know what the market is thinking, jump the other way, bet the unexpected... (Soros)
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Old 31st May 2008, 01:38 PM
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Quote:
Originally Posted by newton View Post
Try this link... New Issues Underprocessing

just check it and it easy 2 access

Thanks Newton. I have been trying this site as well but cannot get through. I will keep trying for a few more days.
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Old 1st June 2008, 08:29 PM
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Quote:
Originally Posted by prince dagbolu View Post
Thanks Newton. I have been trying this site as well but cannot get through. I will keep trying for a few more days.
Just try more cos i've been to it several times from the link above and it opened on each trial. Best of luck...............
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Old 14th July 2008, 08:48 PM
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Please does anyone know if GTA paid any divided/bonus this year?
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Old 17th July 2008, 09:24 AM
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Yes they did l believe 9kobo
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Old 24th July 2008, 07:18 PM
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Quote:
Originally Posted by japo View Post
Yes they did l believe 9kobo
Thanks Japo
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Old 31st July 2008, 07:53 PM
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Quote:
Originally Posted by prince dagbolu View Post
Thanks Japo
Japo, i received my cheque recently.They paid 6 kobo per Unit.
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Old 30th August 2008, 04:17 PM
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Default re: Mansard Insurance Plc (Formerly Guaranty Trust Assurance Plc)

I read in the Business Day that GTA are about to emback on a Rights Offer to Shareholders on the Register as at 23rd October 2007. The price will be N1.25. You can buy 1 share for every 4 you already have.
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