Corporate NewsBanking & Financial Services
š NTB Opens 35th Conversion Window for Non-Voting Shareholders
Nations Trust Bank PLC (banking sector) has announced its 35th quarterly window for non-voting convertible share conversion. ⢠Conversion Terms & Eligibility: ⢠Entitlement date: 31 December, 2026. ⢠Application deadline: 5 January, 2027 (submitted via CDS to P W Corporate Secretarial Ltd). ⢠Late applications will be processed in the following quarter ending 31 March, 2027. ⢠Shares originated from a 2017 rights issue allowing conversion to ordinary voting shares and CSE listing. ⢠Subject to single-shareholder voting share holding limits for licensed commercial banks. ⢠Market Performance: ⢠Voting shares: Rs. 303.50 (up 50 cents). ⢠Preference shares: Rs. 385.25 (unchanged).
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