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 N7.50 per share, with a market capitalisation of N37.5 billion.
The listing marks a significant milestone in the Company's growth journey, reinforcing its commitment to sustainable growth, strong corporate governance and long-term value creation.
Speaking at the listing ceremony, Chief Executive Officer Kayode Fadahunsi described the admission as a defining moment in the Company's evolution. He noted that the Company has established a resilient institution with a clear growth strategy, strong governance culture and an unwavering focus on creating sustainable value for shareholders.
Jude Chiemeka, Chief Executive Officer of Nigerian Exchange Limited, said the admission reflects the continued confidence of businesses in Nigeria's capital market as a platform for sustainable growth.
The admission expands the range of investment opportunities available to investors while reinforcing NGX's commitment to connecting businesses with long-term capital.
