Page 110 - ACCESS BANK ANNUAL REPORTS_eBook

DIRECTORS’ INTEREST IN CONTRACTS

In accordance with the provisions of Section 277 (1) and (3) of the Companies and Allied Matters Act of Nigeria, the Board has
received declaration of Interest from the under-listed Directors in respect of the companies (vendors to the Bank) set against
their respective names.

Related director Interest in entity Name of company Services to the Bank
Mosun Belo- Olusoga Director/Shareholder The KRC Ltd. Training services
Paul Usoro Director Airtel Nigeria Ltd Mobile telephone services
Paul Usoro Shareholder Paul Usoro & Co Legal Advisory Service
Herbert Wigwe Shareholder Coronation Securities Ltd. Brokerage services
Herbert Wigwe Shareholder Wapic Insurance Plc Insurance Services
Ojinika Olaghere Shareholder Wapic Insurance Plc Insurance Services
Victor Etuokwu Director Unified Payment Service Limited Payment Services
Victor Etuokwu Director E-Tranzact Plc Electronic Banking
Gregory Jobome Director CRC Credit Bureau Limited Credit Reference Services
Hadiza Ambursa Shareholder Merlion Limited Supply of Corporate Gifts

Analysis of shareholding:
The shareholding pattern of the Bank as at 31 December 2017 was as stated below:
31 December 2017

Range Number of % of Share- Number of % of Share-
Shareholders holders shares held holders
Domestic Shareholders
1 - 1,000 409,137 50.42 65,414,590 0.23
1,001 - 5,000 248,511 30.63 549,191,711 1.90
5,001 - 10,000 64,519 7.95 442,048,836 1.53
10,001 - 50,000 68,729 8.47 1,381,041,857 4.77
50,001- 100,000 10,251 1.26 743,235,420 2.57
100,001 - 500,000 7,460 0.92 1,492,453,851 5.16
500,001 - 1,000,000 839 0.10 603,331,724 2.09
1,000,001 - 5,000,000 725 0.09 1,433,699,206 4.96
5,000,001 - 10,000,000 100 0.01 709,612,638 2.45
10,000,001 and above 152 0.02 19,137,906,166 66.16
810,423 99.88 26,557,935,999 91.81

Foreign Shareholders
1 - 1,000 237 0.03 74,058 0.00
1,001 - 5,000 231 0.03 601,857 0.00
5,001 - 10,000 116 0.01 859,059.00 0.00
10,001 - 50,000 275 0.03 6,423,779 0.02
50,001- 100,000 57 0.01 4,013,961.00 0.01
100,001 - 500,000 25 0.00 4,276,094 0.01
500,001 - 1,000,000 4 0.00 2,314,669.00 0.01
1,000,001 - 5,000,000 3 0.00 8,473,930 0.03
5,000,001 - 10,000,000 1 0.00 9,485,549.00 0.03
10,000,001 and above 10 0.00 2,333,512,676 8.07
959 0.12 2,370,035,632 8.19

Total 811,382 100.00 28,927,971,631 100.00

110 Access BAnk Plc
Annual Report & Accounts 2017