Geregu Power Plc has gotten approval for Listing by Introduction on the Nigerian Exchange Limited (NGX).
The power company is Listed by Introduction its 2.5billion ordinary shares of 50 Kobo at N100 per share.
The company September 15 got approval for the listing.
Read also: 180,000 bpd Trans Niger pipeline to come on stream soon – NAPIMS
The Stockbrokers lined up for the share sale are: Vetiva Securities, Limited; Apel Asset and Trust Limited; APT Securities and Funds Limited; and Cordros Securities Limited.
Others are: Crossworld Securities Limited; Dynamic Portfolios Limited; Signet Investment and Securities Limited; and TRW Stockbrokers Limited.
Vetiva Capital Management Limited; and Kairos Capital Limited are the Issuing House(s)/Financial Adviser(s).
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Iheanyi Nwachukwu
Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.
Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).
Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.
