I need update on Nigeria Bottling Company

I have  200 shares of Nigeria Bottling Company but for a long time now I have not heard anything from them. Have they delisted me? (Ovierume Kayode)

Investors Forum

Nigeria Bottling Company voluntarily delisted from the stock exchange in 2011. This was because Coca Cola wanted to invest more money in the company and assume 100 per cent ownership. The company offered N43 per share to pay off minority shareholders. For more information concerning your investment in the company contact Zenith Registrars Limited at 89A, Ajose Adeogun Street, Victoria Island, Lagos. Tel: 234-1-2708930-4. E-mail: [email protected]

I cannot locate my stockbroker

I don’t know the where about of Omas Trust & Investment. They are my stock broker. They are no longer at Bamgbose Street, Lagos Island. So I can’t buy shares or access my stock. Please I need another broker, how do I go about this? (Sunday, Ikorodu, Lagos)

Investors Forum

Omas Trust & Investment was one of the 48 stockbroking firms delisted by the Nigeria Stock Exchange, February 2012 for being inactive. The implication is that the company had  probably closed shop. In any case they can’t act as stockbrokers again.

You can go to Central Securities Clearing System (CSCS), 6th floor NSE Building, Custom Street, Lagos Island, to access or ascertain your shares account. You can also transfer them to another stock broking firm. For a list of licensed stockbroking firms and their addresses, please visit http://www.nse.com.ng/Regulation/ForBrokers/Pages/Dealing-Members.aspx

Where is Woodland Capital Market?

On the 18th May, 2011, I Ofoegbu Adolphus Chukwuma submitted to Woodland Capital Market the share certificates of FinBank, Standard Alliance Assurance, Ecobank Transnational Incorporated, Union Homes Savings and Loans for verification.

The company gave me a CSCS number but I can’t locate them at their  94, Broad Street, 6th floor, which used to be their office.  Please advise me how to locate them or what to do with the above shares possible to transfer them to another stock broker/(Ofoegbu Adolphus Chukwuma)

Investors Forum

Woodland Capital Market Limited was one of the 21 stock broking firms suspended by the NSE last week for inadequate capital. Our advice is that you first visit the CSCS office on the NSE building, to confirm the validity of the CSCS account number given to you, and also ascertain if the shares have been verified and registered in the account.

If the shares have not being registered in the account, contact the registrars of the companies and inquire if they received the certificates and where they sent them to . If the registrars cannot account for the certificates and the shares are not registered in the CSCS account in your name, send a complaint to the Securities and Exchange Commission. The complaint should be sent to [email protected].