EXPECTED TIMETABLE OF PRINCIPAL EVENTS The periods below, which reflect the Issuer and Issuing Houses’ expectation of principal events for the Offer, are subject to change without notice. DURATION
ACTIVITY
RESPONSIBILITY
21 Business Days
Application List Opens and Closes
Issuing Houses
20 Business Days
Collation Exercise
Receiving Agents, Registrar to the Offer
of
Returns
and
Reconciliation
1 Business Day
Submission of documentary evidence of subscriptions and payment with CBN for the Capital Verification Exercise
Issuer
TBD
Capital Verification Exercise
CBN
1 Business Day
Submission of Basis of Allotment Proposal and draft Allotment Announcement with SEC
Lead Issuing House
10 Business Days
Review of the Basis of Allotment Proposal
SEC
1 Business Day
Obtain SEC’s “no-objection” to the Basis of Allotment
Lead Issuing House
Allotment Date + 1 Business Day
Transfer of net Offer proceeds to the Issuer
Receiving Banks
Allotment Date + 1 Business Day
Publication of Allotment Announcement
Lead Issuing House
Allotment Date + 5 Business Days
Payment of Return Application Monies
Registrar to the Offer
Allotment Date + 5 Business Days
Credit CSCS Accounts with Dematerialised Offer Shares
Registrar to the Offer
Allotment Date + 5 Business Days
Listing and Admission
Stockbrokers to the Offer
1 Business Day
Commencement of trading of the Offer Shares
Stockbrokers
GUARANTY TRUST HOLDING COMPANY PLC | OFFER FOR SUBSCRIPTION
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