Where are my MTN Shares? 🟡
The regulators are currently dotting the I’s and crossing their T’s on the allotment processes.
First, let me congratulate you on being among the few that could snap up your desired number of shares in the fully subscribed public offer! 🥂
Be rest assured that your shares are safe and on the way. The regulators are currently dotting the I’s and crossing their T’s on the allotment processes.
According to a report by Business Day, subscribers are likely to be credited in February 2022 as some approvals to complete the transaction are still pending with the SEC. Find below an excerpt from the article:
“Following the consideration and approval of the regulator, the effective allotment would be availed to the Central Securities Clearing System (CSCS), which would have the mandate to credit/debit subscribers/hitherto shareholders’ accounts within 15days of receiving the approved allotment schedule”
We have also been liaising with other brokers, registrars and the SEC for our own independent information and would keep you posted on any new developments.
By any means, Trove has got you, and you’d soon get that notification. For further enquiries, please reach out to us via our in-app chat, email, or telephone
Thanks for choosing Trove. 💚
Tomi from Trove
Thanks for sharing