SEC Issues Circular On Unclaimed Dividends Of Defunct Skye Bank


The Securities & Exchange Commission (‘’the Commission’’) wishes to inform shareholders of the defunct Skye Bank Plc that unclaimed dividends declared by the bank are being held in trust on their behalf. 

Investors that have unclaimed dividends are therefore advised to contact Cardinal stone Registrars to process their dividend payments.

The Commission has also directed Cardinal stone Registrars and STL Trustees to ensure that all genuine claims of beneficiary shareholders be addressed forthwith.