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Investors Lose Trust In Fidelity Bank - Investment - Nairaland

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Investors Lose Trust In Fidelity Bank by Onyiridike(f): 2:51pm On Feb 15
Fidelity Bank concluded it's share subscription in August, 2024.

Many Nigerians invested because it was looking promising.

Up till today, investors are yet to officially get their share allotment. No apologies, no updates, just nothing.

Fidelity Bank has held people's capital down for 6 months and the funny bank wants to advertise for another capital raise. Only fools will buy Fidelity Bank shares this time around.

The top management of Fidelity Bank need to go back to school and take a course on customer service.

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Re: Investors Lose Trust In Fidelity Bank by Nice2023(m): 3:59pm On Feb 15
That is what I can never buy in this country,after my initial experience in the past.

Most of the CEO'S in this country have proven to be above the law. Using people's money for their needs and material benefits.

Just imagine if they had invested in Tbills,mutual funds or even Euro bond and name it.

Immediately u buy shares in most of these organisations in the country,the lifestyles of these CEO'S tend to get bigger,many starts living larger than life.

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Re: Investors Lose Trust In Fidelity Bank by aieromon(m): 5:29pm On Feb 15
Onyiridike:
Fidelity Bank concluded it's share subscription in August, 2024.

Many Nigerians invested because it was looking promising.

Up till today, investors are yet to officially get their share allotment. No apologies, no updates, just nothing.

Fidelity Bank has held people's capital down for 6 months and the funny bank wants to advertise for another capital raise. Only fools will buy Fidelity Bank shares this time around.

The top management of Fidelity Bank need to go back to school and take a course on customer service.

Contact the registrar for details of your allotment.

“Shares allotted will be credited not later than Thursday February 13, 2025, being five (5) business days after clearance of the basis of allotment by the SEC, to the CSCS accounts of allottees by the Registrars to the Offer, First Registrars & Investor Services Limited.

“In accordance with the SEC directive on Dematerialisation of Share Certificates, allottees without CSCS accounts will have their shares credited not later than Thursday February 13, 2025 being five (5) business days after clearance of the basis of allotment by the SEC, at the CSCS using a Registrar Identification Number.

“All surplus monies will be returned after clearance of the allotment by the SEC and not later than Thursday February 13, 2025, being five (5) business days after clearance of the basis of allotment by the SEC,” the bank said while announcing the offer at the NGX.

https://businessday.ng/companies/article/fidelity-bank-public-offer-subscribed-by-237-92/

https://www.fidelitybank.ng/investors-affirm-support-for-fidelity-bank-plc-with-238-oversubscription-in-the-first-phase-of-equity-capital-raise/
Re: Investors Lose Trust In Fidelity Bank by Onyiridike(f): 6:31pm On Feb 15
aieromon:


Contact the registrar for details of your allotment.



https://businessday.ng/companies/article/fidelity-bank-public-offer-subscribed-by-237-92/

https://www.fidelitybank.ng/investors-affirm-support-for-fidelity-bank-plc-with-238-oversubscription-in-the-first-phase-of-equity-capital-raise/
The registrar has the email address off all investors. Why not communicate to them via mail?
You expect every investor to go to registrar's office?

You write him via mail and no response.

They were not this arrogant the time they were begging people to buy their share.

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Re: Investors Lose Trust In Fidelity Bank by Onyiridike(f): 6:33pm On Feb 15

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Re: Investors Lose Trust In Fidelity Bank by aieromon(m): 7:19pm On Feb 15
Onyiridike:

The registrar has the email address off all investors. Why not communicate to them via mail?
You expect every investor to go to registrar's office?

You write him via mail and no response.

They were not this arrogant the time they were begging people to buy their share.

Hallmark of beggars, I agree 💯.

Keep on sending mails and copy SEC if there is no response. Every potential shareholders deserves a level of respect irrespective of his/her investment.

(1) (Reply)

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