Guaranty Trust Holding Company Plc has formally delisted its Global Depositary Receipts from the London Stock Exchange, effective 8:00 a.m. on July 31, 2025.
The company also announced that its LSE ticker symbol will change from “GTHC” to “GTCO” on August 1, 2025, to align its global identity with its Nigerian brand.
“Following the cancellation of the listing of GDRs, the Company confirms the effective date of change of the ticker symbol for the Shares from “GTHC” to “GTCO”. The effective date for the ticker symbol change on the LSE is 1 August 2025.
GTCO had previously announced on July 3, 2025, its plan to cancel the GDR listing, citing a strategic shift toward direct equity listings.
The company affirmed that it will retain its Ordinary Share listing on the LSE under the new ticker, ensuring ongoing access for international investors.
The delisting follows a major milestone earlier in July, when GTCO successfully admitted its Ordinary Shares to the Equity Shares (International Commercial Companies Secondary Listing) segment of the UK Financial Conduct Authority’s (FCA) Official List and to trading on the LSE’s main market.
With this development, GTCO became the first financial services institution in West Africa to dual list its Ordinary Shares on both the Nigerian Exchange and the London Stock Exchange—a landmark achievement for African capital markets.
“We are proud to be the first West African financial institution to achieve this dual listing. It reflects our commitment to transparency, global standards, and investor accessibility,” GTCO said.
The admission followed the successful pricing of GTCO’s fully marketed offering on the LSE, which generated $105 million in gross proceeds through the issuance of 2.29 billion new Ordinary Shares. The offering attracted strong participation from high-quality, long-term institutional investors, reflecting solid market confidence in the group’s growth prospects.
GTCO also indicated that, subject to regulatory requirements, its Ordinary Shares will be transferable between the Nigerian and UK exchanges, providing shareholders with greater liquidity and flexibility.
