GTCO debuts on London Stock Exchange with 36.4 billion shares
- GTCO commenced trading on the London Stock Exchange under the ticker 'GTHC'.
- This listing makes GTCO the first West African financial institution with a dual listing.
- GTCO secured $105 million from an equity offering, exceeding its target by 5%.
GTCO's dual listing on the London Stock Exchange is a significant milestone that not only strengthens its capital base but also enhances its visibility in the global market. This strategic move could serve as a model for other Nigerian firms looking to expand internationally, especially in light of the increasing pressure from regulatory bodies. However, the company must ensure that it effectively manages the increased scrutiny and expectations that come with being listed on a major international exchange.
