SECONDARY MARKET ACTIVITIES
Since FSDH Securities commenced trading
on the floors of The Nigerian Stock Exchange on November 2, 1995, the
Company has quickly established itself as an active trader in the stock
market.
FSDH Securities is now one of the
major players in the secondary market and has maintained an average
of 5-7% of market share over the last three years. Our short-term goal
is to increase our market share to at least 10%. More importantly, our
customers have got accustomed to our high quality service delivery.
PRIMARY
MARKET ACTIVITIES
1996 - FSDH Securities
acted as one of the Underwriters to the very successful offer for sale
of 66,576,807 ordinary shares of 50k each at =N=6.00, of First Bank
of Nigeria Plc by Standard Chartered Africa Plc.
1997 - FSDH Securities
acted as Issuing House/Stockbroker to the Rights Issue of 39,600,000
ordinary shares of 50k each at =N=2.20k by Enpee Industries Plc.
- FSDH Securities also acted as the
Issuing House/Stockbroker to the offer for subscription of =N=100,000,000
Floating Rate Secured Redeemable Convertible Debenture Stock by Enpee
Industries Plc This debenture stock issue was a unique one in that
it was constituted into two tranches, a convertible and non convertible
tranche. We also arranged a 100% underwriting for the debenture issue.
1998
- FSDH Securities acted as Joint Issuing House to the Offer for Subscription of
192,000,000 Ordinary Shares of 50k each at =N=2.10k per share by Tripple
Gee & Company Plc.
2000 - FSDH Securities
acted as Issuing House/Stockbroker to the Private
Placement of 14,953,164 ordinary shares of 50K each
at 60k per share and the Rights Issue of 6,261,709 ordinary shares of
50k each at 60k by Heinemann Educational
Books (Nigeria) Plc
2001-
FSDH Securities acted as Stockbroker to the Offer for Subscription of
2,000,000,000 ordinary shares of 50k each by Lion Bank of Nigeria
Plc.
2002-
FSDH Securities acted as Issuing House to the Private placement of 560,000,000
ordinary shares of 50k each by Magnum Trust Bank Plc.
2003-
FSDH Securities acted as Issuing House and Stockbroker to the
rights issue of 300,000,000 ordinary shares of 50k each by AIICO
Insurance Plc.
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