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AVA Capital lists on NGX main board
['Ripples Nigeria']
Latest Nigeria News | Top Stories from Ripples Nigeria
AVA Capital Plc has been admitted to the Main Board of Nigerian Exchange Limited (NGX) following the listing by introduction of its 5 billion ordinary shares at ₦7.50 per share, with a market capitalisation of ₦37.5 billion.
Speaking at the listing ceremony, the Chief Executive Officer of AVA Capital Plc, Kayode Fadahunsi, described the admission as a defining moment in the Company’s evolution.
“Today’s listing reflects the confidence that forward-looking companies continue to place in the Nigerian capital market.
By joining the Main Board of Nigerian Exchange, AVA Capital Plc is embracing the transparency, governance standards and market discipline that define public companies, while positioning itself to access a broader investor base and unlock long-term value.
We are delighted to welcome AVA Capital Plc to the NGX family and look forward to supporting its continued growth.