Thursday, August 07, 2008
  E - BANKING  
 
 
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Financial Highlights
Results Announcements
Consensus Forecasts
Corporate Governance
 
 

What is the structure of UBA's issued share capital?
With effect from 24 July 1991, UBA has one class of ordinary shares, denominated in 50 kobo each.  Each share has the same voting rights at annual general meetings and other shareholder meetings.

Where are UBA's shares listed?

Currently UBA shares are listed on the floor of the Nigerian Stock Exchange.  UBA also has an unlisted GDR (Global Depository Receipt) programme currently administered by the Bank of New York.

When did UBA merge with STB?
The merger between United Bank For Africa Plc and Standard Trust Bank Plc came into effect on 1 August 2005.

What happened to my STB stock following the merger with UBA in August 2005?
Two STB ordinary shares of 50 kobo each were exchanged for one UBA Ordinary share of 50 kobo each as contained in the scheme of merger approved by the shareholders.

When is UBA’s Annual General Meeting?
The last Annual General Meeting of UBA Plc was held on 18 January 2008 at Hilton Hotel, Abuja. The policy of the Bank is to hold its AGM as soon as the financial results of the bank have been audited and approved by regulatory authorities.

When does UBA report its financial results?
UBA's financial year was originally from April to March of each year.  After the merger of UBA and STB, with effect from 1 August 2005, the bank’s financial year was changed from October to September.  Our most recent financial year ended on 30 September 2007.  However, following a CBN Bankers’ Committee resolution passed on 11 January 2008, all banks are required to adopt a uniform financial year-end of 31 December.   Consequently, UBA’s next financial year will end on 31 December 2008.
In addition, UBA reports interim results of the group every three months to the Nigerian Stock Exchange and to shareholders in the Nigerian Press within 15 days after the expiration of the reporting period.

What is the basis of preparation of UBA's financial statements?
UBA’s financial statements are prepared in accordance with all relevant local Statement of Accounting Standards issued by the Nigerian Accounting Standard Boards as well as circular guidelines of the Central Bank of Nigeria on the treatment of specific accounting issues.

Who is UBA's independent auditor?
The current independent auditors of UBA are:
Messrs Akintola Williams Deloitte (Chartered Accountants)
235. Ikorodu Road,
Ilupeju
Lagos, Nigeria

Does UBA pay dividends?
UBA has paid dividends consistently on its ordinary shares every year.   
Follow this link to check UBA's dividend history.

In which currencies does UBA pay its dividend?
Dividends are declared in Nigerian Naira.

Who do I contact if I have an enquiry relating to my shareholding regarding, for example, transfers of shares, change of name or address, or lost share certificates or dividend cheques?
Any enquiries of this nature relating to your shareholding should be directed to the Registrars who can be contacted at the addressed below:

Relationship Management Unit
UBA Registrars Limited
Raymond House
95/105 Broad Street
Lagos, Nigeria
Email: registrar@ubagroup.com
Telephone: +234-(0) 14612376
www.ubaregistrars.com

Who do I contact if I haven’t received my dividend entitlement advice or my dividend payment?
Any enquiries relating to the non-receipt of your dividend entitlement advice or dividend payment should be directed to the Registrars:
Relationship Management Unit
UBA Registrars Limited
Raymond House
95/105 Broad Street
Lagos, Nigeria
Email: registrar@ubagroup.com
Telephone: +234-(0) 14612376
www.ubaregistrars.com

Can I receive my cash dividend directly into my bank account?
Yes, you should contact UBA Registrars in order to set this up:
Relationship Management Unit
UBA Registrars Limited
Raymond House
95/105 Broad Street
Lagos, Nigeria
Email: registrar@ubagroup.com
Telephone: +234-(0) 14612376
www.ubaregistrars.com

What is the position regarding taxation of dividends?
The current tax legislation requires that a withholding tax of 10% is deducted at source from all dividend payments

How and when can I get a copy of UBA Financial annual report and other financial information?

Financial Highlights

Results Announcements

Annual Reports

How do I buy or sell UBA shares?
You can buy or sell shares through UBA Stockbrokers:
UBA Stockbrokers Limited
Customer Services
UBA House | 10th Floor
57, Marina
P. O. Box 2406,
Lagos, Nigeria
Email: ubastockbrokers@ubagroup.com
Telephone: +234-(0) 1280 8919
www.ubabrokers.com

 

 



 
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