Skye Bank Notifies The NSE of two companies with shareholding above 5 percent 

In compliance with Rule 17.13 of the The Nigerian Stock Exchange (NSE) Rule Book stated that company must declare any share holding above 5 percent. The management of skye  bank plc are hereby notify the Exchange, the Bank’s shareholders and investor community of significant transactions on the shares of the Bank, as at today February 27, 2018, up to 6.65% of the Bank’s shares are held by two companies, as follows:

AYYG & Sons Nig Ltd: 3.23%

YGD & Sons Nig Ltd: 3.42%

Report of a legal search carried out on the two companies, shows that the major shareholder in the two companies is Alhaji Garba Yakubu.

A brief on the two companies as shown in the Register of members is as follows:

  1. AYYG & Sons Nig Ltd: Company was incorporated on February 14, 2005 with its objects listed as general contractors, general merchants and general suppliers, its registered place of business is 94, Kafur Road, Funtua, Katsina State, It holds 3.23% of the Bank shares as at date.
  2. YGD & Sons Nig Ltd: Company was incorporated on February 8, 2005 with its objects listed as general contractors, general merchants, suppliers, stockists, manufacturers, representatives and commission agents, Its registered place of business is 94, Kafur Road, Funtua, Katsina State. It holds 3.42% of the Bank’s shares as at date.

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