Guaranty Trust Holding Company Plc has successfully concluded its N10 billion private placement, with all 125 million ordinary shares offered fully subscribed by a single investor.

Priced at N80 per share, the transaction was swiftly executed and approved by the Securities and Exchange Commission.

According to a corporate filing with the Nigerian Exchange on Thursday, January 22, 2026, the company received only one application covering the entire 125 million ordinary shares of 50 kobo each.

The notice stated that the application was validated in line with the terms of the Placing Memorandum dated December 24, 2025, resulting in a full 100 per cent subscription of the placement.

In a statement signed by GTCO’s Group General Counsel and Company Secretary,
Erhi Obebeduo, the company confirmed that the SEC had approved the allotment basis, while the Central Bank of Nigeria had granted the necessary regulatory consent for the transaction.

Under the allotment process, the sole investor applied for and received all 125 million shares, allocated under the highest application band of 50,000,001 shares and above, representing a total subscription value of N10 billion.

GTCO’s share price closed at N95.60 on the Nigerian Exchange on Thursday, January 22, 2026, marking a 0.7 per cent gain from its previous close of N94.95.

The stock started the year at N90.70, gaining 5.4 per cent year-to-date, and currently ranks 89th on the NGX in terms of YTD performance.

Following the completion of the private placement, GTCO’s outstanding shares stand at 36.4 billion, giving the company a market capitalization of N3.48 trillion.

This makes it the seventh most valuable stock on the NGX, representing approximately 3.29 per cent of the exchange’s total equity market.

GTCO delivered a strong unaudited third-quarter performance for the period ended September 30, 2025.

The Group posted a profit before tax of N900.8 billion, supported by robust core earnings, with interest income up 25.6 per cent year-on-year and fee income rising 16.8 per cent year-on-year.

Although PBT declined 26 per cent compared with Q3 2024 due to the absence of N523.2 billion in fair value gains recorded in the same period last year, the Group’s total assets closed at N16.7 trillion, while shareholders’ funds increased to N3.3 trillion.

GTCO’s capital adequacy ratio remained strong at 36.5 per cent, reflecting a solid capital position.