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Analysis of Shareholdings

The issued and fully paid up share capital of the company as at December 31, 2008 was NGN 5,186,372,156.00 divided into 10,372,744,312 ordinary shares of 50 kobo each. The range of shareholding is as follows

 

Range   Holdings Number of holders Holders % Holders Cum Units Units%

1

-

1,000

402

5.98

402

275,567

0

1,001

-

5,000

1,217

18.12

1,619

4,053,389

0.04

5,001

-

10,000

1,056

15.72

2,675

9,368,962

0.09

10,001

-

50,000

1,994

29.69

4,669

56,179,525

0.54

50,001

-

100,000

825

12.28

5,494

71,810,626

0.69

100,001

-

500,000

751

11.18

6,245

184,309,004

1.78

500,001

-

1,000,000

183

2.72

6,428

140,308,612

1.35

1,000,001

-

5,000,000

175

2.61

6,603

418,565,079

4.04

5,000,001

-

10,000,000

38

0.57

6,641

252,727,897

2.44

10,000, 001

-

50,000,000

57

0.85

6,698

1,426,235,108

13.75

50,000,001

-

100,000,000

7

0.1

6,705

494,899,009

4.77

100,000,001

 

and above

12

0.18

6,717

7,314,011,534

70.51