Previously, I wrote about Fidelity Bank selling shares to the public and current investors (shareholders)
Specifically, Fidelity is offering 10 billion ordinary shares of 50 kobo each at ₦9.75 per share through Public Offer and 3.2 billion ordinary shares of 50 kobo each at ₦9.25 per share through the Right issue
But how can one buy these shares especially if you are a new shareholder or a first-time investor?
In this post, I explain:
- How to subscribe to the Fidelity Bank shares at physical locations and online before the closing date on July 29 2024.
- Vital information you must know before buying the Fidelity public offer.
Let’s start…
The Fidelity Bank public offer and Right issue shares are available at any Fidelity Bank branch and participating issuing house near you.
Here are the steps to buy Fidelity Shares from physical locations:
1. Obtain the Fidelity Shares Form
Get the Fidelity subscription from a Fidelity Bank branch or a participating issuing house.
2. Fill out the Form
After getting the form, fill it out accordingly which includes your name, postal address, BVN, units of shares and so on.
Note that the minimum amount of Fidelity shares you can buy is 1000 units and a multiple of 1000 units.
3. Submit the Subscription Form.
Next, enter any of the convenient places (a Fidelity Bank or participating issuing house) to submit the form.
Also, if anything is not clear to you from the form, a representative will guide you to fill the form accurately.
4. Make Payment
Once you submit your form, proceed to pay for your subscribed shares immediately.
The representative will assist you with the account to pay into and process your form accordingly.
That is all!
You are now a shareholder of Fidelity Bank.
Also, Fidelity Bank provides an online method for subscribing to the share offers.
This means without visiting any Fidelity branch, you can complete the steps to buy the shares and become an investor in one of the best banks in Nigeria.
Here is how to subscribe to the Fidelity Bank shares online:
1. Obtain the Fidelity Shares Form and Fill it
To get the Fidelity subscription form online, visit the Fidelity Bank website to download the form.
On the Homepage, you will see Click Here to Subscribe. Click on it, then click on Buy Shares to download the shares form and prospectus.
Note: If you are a new shareholder, download the public offer form. But if you are an existing Fidelity shareholder, download the right issue form.
2. Fill out the Form
After downloading the Fidelity bank shares form, fill it out accurately. This includes your name, postal address, BVN, units of shares and so on.
You can digitally fill out the PDF shares form or print it out to do it
Note: the minimum amount of Fidelity shares you can buy is 1000 units and a multiple of 1000 units.
3. Make Payment
Once you fill out your form completely, pay to the official Fidelity Bank account created for this purpose:
Here are the account details:
Account Number: 9160000030
Account Name: Fidelity Bank Public Offer; Right Issue
4. Submit the Subscription Form.
Once you make the payment, send your shares form and proof of payment to publicofferinquiries@fidelitybank.ng
For the message subject, you can write “Shares Form and Proof of Payment”
For the main message, upload the completed shares form and the image showing your payment into the Fidelity account.
Once you send the email, Fidelity Bank will process your form and onboard you as a shareholder.
That is all!
![Fidelity bank](https://unleash.com.ng/wp-content/uploads/2024/02/Fidelity-Bank-jpeg.webp)
Before purchasing the Fidelity public offer or right issue shares, it is important to know the terms and conditions.
Here are some of the vital information:
- An individual or corporate body can buy Fidelity Bank shares
- The Fidelity shares can be bought for a minor. That is someone less than 18 years old
- The minimum amount of Fidelity shares one can buy is 1000 units.
- Fidelity Bank shares are sold in units of 1000. For example, you cannot buy 1,500 or 10,800 unit shares. It must be multiples of 1000 such as 2,000, 10,000, 100,000 etc.
- It is one person per application. Multiple applications of the same name is prohibited
For more information about Fidelity shares, get the subscription form.
Conclusion
Fidelity Bank has made it easy for new investors and existing shareholders to buy from the ongoing shares offer before the closing date.
You can get your share units from the Fidelity Bank branch, its website, or any participating issuing house.
The choice is yours.
unleash.com.ng is dedicated to providing valuable information on managing your finances. Keep an eye out for future articles on Fidelity Bank and other helpful financial topics!
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