Page 111 - ACCESS BANK ANNUAL REPORTS_eBook

The shareholding pattern of the Bank as at 31 December 2016 is as stated below:

31 December 2016
Range Number of % of Share- Number of % of Share-
Shareholders holders shares held holders
Domestic Shareholders
1 - 1,000 311,899 38.11% 291,947,697 1.01%
1,001 - 5,000 348,102 42.54% 325,834,483 1.13%
5,001 - 10,000 65,876 8.05% 450,728,829 1.56%
10,001 - 50,000 70,694 8.64% 1,419,116,782 4.91%
50,001- 100,000 10,665 1.30% 770,033,755 2.66%
100,001 - 500,000 4,960 0.61% 1,270,715,195 4.39%
500,001 - 1,000,000 4,016 0.49% 1,028,674,206 3.56%
1,000,001 - 5,000,000 701 0.09% 1,793,551,064 6.20%
5,000,001 - 10,000,000 234 0.03% 597,850,355 2.07%
10,000,001 and above 176 0.02% 17,539,853,849 60.63%
817,323 99.88% 25,488,306,214 88.11%

Foreign Shareholders
1 - 1,000 224 0.03% 322,241 0.00%
1,001 - 5,000 250 0.03% 359,645 0.00%
5,001 - 10,000 114 0.01% 842,655.00 0.00%
10,001 - 50,000 292 0.04% 7,013,024 0.02%
50,001- 100,000 60 0.01% 4,209,366.00 0.01%
100,001 - 500,000 21 0.00% 4,802,620 0.02%
500,001 - 1,000,000 17 0.00% 3,887,835.13 0.01%
1,000,001 - 5,000,000 3 0.00% 7,235,786 0.03%
5,000,001 - 10,000,000 1 0.00% 2,411,928.75 0.01%
10,000,001 and above 13 0.00% 3,408,580,316 11.78%
995 0.12% 3,439,665,417 11.89%

Total 818,318 100% 28,927,971,631 100%

Shareholding Analysis as at 31 December 2017

Type of Shareholding Holdings Holding %
Retail investors 11,492,681,982 39.73%
Domestic institutional investors 17,146,566,231 59.27%
Foreign institutional investors 267,380,817 0.92%
Government related entities 21,342,601 0.07%
28,927,971,631 100%

Substantial interest in shares
According to the register of members as at 31 December, 2017, the following shareholders held more than 5% of the issued
share capital of the Bank as follows:

31 December 2017 31 December 2016
Number of % of share- Number of % of share-
shares held holding shares held holding

Stanbic Nominees Nigeria Limited* 5,265,792,806 18.20% 4,622,161,946 16.00%

*Stanbic Nominees held the shares as custodian for various investors. Stanbic Nominees does not exercise any right over the
underlying shares. All the rights reside with the various investors on behalf of whom Stanbic Nominees carries out the custodian
services.

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Annual Report & Accounts 2017