AVA Capital Plc, an integrated financial services group, will be admitted to the main board of the Nigerian Exchange Limited on 31 July 2026, by way of listing by introduction, Punch reports.
The company said the move represents a strategic transition into public markets that reinforces its long-term institutional ambitions.
Speaking on the development, the Managing Director of AVA Capital Plc, Olukayode Fadahunsi, described the listing as a pivotal step for the firm. 'Our admission to the Nigerian Exchange is a natural progression in AVA Capital's evolution as a long-term institution. We're stepping into the public market with a solid foundation, an established platform, and a commitment to transparency.'
Unlike an Initial Public Offering, AVA Capital will not issue new shares or raise fresh capital. Instead, the listing is designed to enhance market visibility, strengthen corporate governance transparency, and deepen engagement with shareholders and the broader investment community.
AVA Capital Plc, through its subsidiaries, has structured transactions exceeding N500bn in the 2025/2026 financial year. The company already satisfies the Exchange's free-float requirement, with roughly 20 per cent of its issued shares held outside the controlling shareholder structure.
