ARM PENSION MANAGERS (PFA) LIMITED TO MERGE WITH ACCESS PENSIONS LIMITED

Access Holdings Plc (‘Access Holdings’) is pleased to announce a major development in its ongoing growth strategy. Access Golf Nigeria Limited (‘Access Golf’), a majority shareholder of Access Pensions Limited (‘Access Pensions’) which is a subsidiary of Access Holdings, has received the ‘no-objection’ of the National Pension Commission and the approval of the Federal Competition and Consumer Protection Commission for its proposed acquisition of a majority equity stake in ARM Pensions Managers (PFA) Limited (‘ARM’). Subject to the receipt of relevant regulatory approvals, it is intended that following the acquisition,…

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