First HoldCo Plc has officially notified the Nigerian Exchange Limited (NGX) that it has completed the sale of its 100% equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP.
Here’s the notification sent to the NGX;
“In line with the Nigerian Exchange Limited (NGX) Rulebook, we wish to inform NGX and the investing public that First HoldCo Plc has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP.
“This transaction has been finalized after obtaining all necessary regulatory approvals from the Central Bank of Nigeria.”
For First HoldCo Plc
Abiola Baruwa
Group Company Secretary
