All is now set for Geregu Power Plc to be admitted as the first power company into the Main board of the Nigerian Exchange Limited, NGX, formerly Nigerian Stock Exchange, on Wednesday, 5 October, 2022.

The admission, according to reports, is by way of listing by Introduction (LBI) with the admittance of 2,500,000,000 of ordinary shares of 50 kobo each at N100 per share on the Exchange.

The company appointed the accounting firm of PriceWaterhouseCoopers (PwC) in June 2022 as auditors of the firm; and also brought on board Mr. Paul Miyonde Gbededo, former Group Managing Director/CE of FMN unto its board.

To mark the significance of the listing, a closing gong ceremony is being planned for the last week of October 2022.

Nigerian Exchange (NGX), a wholly owned subsidiary of the Nigerian Exchange Group (NGX Group), is a leading listing and trading venue in Africa with its history dating back to 1960 when the Lagos Stock Exchange was founded. It is an open, professional, and vibrant exchange, connecting Nigeria, Africa, and the world.

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