GTCO’s Transformation and LSE Listing Journey

Guaranty Trust Bank (GTBank) has restructured into Guaranty Trust Holding Company Plc (GTCO), representing a major evolution on the London Stock Exchange (LSE). This transition to a holding company model allows GTCO to venture into various financial services beyond traditional banking, all while retaining the Guaranty Trust brand for its core operations. As a result, GTCO has taken over the listings previously held by GTBank Plc on both the Nigerian Exchange (NGX) and the LSE.

Marking a historic moment, GTCO became the first Nigerian bank to secure a spot on the LSE’s main market. Its shares began trading on July 9, 2025, initially under the ticker symbol GTHC. Following the termination of the Global Depositary Receipts program on July 31, 2025, the ticker was revised to GTCO effective August 1, 2025, aligning it with the NGX identifier.

This strategic shift included raising $105 million through an equity offering to recapitalize GTBank Nigeria, complying with directives from the Central Bank of Nigeria. It strengthens GTCO’s position as a prominent pan-African financial entity with operations extending to the UK. Importantly, everyday banking services for customers remain unaffected, and shares can be easily transferred between the NGX and LSE, enhancing overall liquidity for investors. In July 2025, GTCO’s shares on the NGX experienced a significant boost, climbing more than 27% to reach N100 per share, driven by optimism surrounding the LSE debut.