Access Holdings Plc, a leading player in Nigeria’s financial services sector with operations across the UK, France, and other markets, has announced the vesting of shares under its Long-Term Incentive Plan (LTIP).
The disclosure, made through the Nigerian Exchange Limited (NGX), reiterates the company’s commitment to aligning employee and shareholder interests while driving sustainable long-term growth.
According to the statement, Access Holdings Plc vested a total of 1,090,007,129 ordinary shares of N0.50 each to eligible employees and executives as part of the LTIP.
The shares, valued at the current market price, were allocated to participants who met the performance and tenure benchmarks outlined in the plan.
The initiative aims to incentivise key personnel, enhance retention, and drive continuous value creation for shareholders.
A Long-Term Incentive Plan (LTIP) is designed to reward employees, especially senior executives, for achieving targets that enhance shareholder value.
In aligning employee rewards with company growth, LTIPs not only help retain top talent in a competitive market but also support long-term corporate success.
Common forms include stock options, performance shares, restricted stock units, and deferred compensation schemes.
Among those allotted shares under the LTIP are Mrs Chizoma Okoli, deputy managing director (Retail South), who received 5,502,183 share units; Hadiza Ambursa, executive director (Commercial Banking Division); Dr Gregory Jobome, chief risk officer; and Seyi Kumapayi, group chief financial officer, who each received 3,930,131 share units. A total of 684 other employees of Access Bank also received varying numbers of share units.
The announcement follows Access Holdings PLC’s strong performance trajectory. The company recently reported its Q3 2025 unaudited financial results, recording a Profit Before Tax (PBT) of N616.25 billion, up 10.4% from N558.18 billion in Q3 2024. However, Profit After Tax (PAT) dipped slightly by 2.23% to N447.55 billion.
As of Monday, November 10, 2025, Access Bank shares traded at N21.95, compared to N22.00 at market close on Friday, November 7, 2025.
The company remains listed on the Premium Board of the Nigerian Exchange Group (NGX).
