BUA Foods said it has satisfied the listing requirements of
The Exchange and obtained relevant regulatory approvals.
It is now listed in the consumer goods sector of the
Exchange, with the ticker “BUAFoods”.
A total of 18,000,000,000,000 shares were admitted to
trading, representing the total issued share capital of the Company.
The listing by introduction means that the shares of
existing BUA Foods’ shareholders has been listed without an additional public
sale of shares.
Henceforth, all BUA Foods shareholders will be free to trade
their shares on the Exchange.
Commenting on the listing, Abdul Samad Rabiu, CON, Chairman
of BUA Group said : “I am delighted that yet another member of BUA Group has
been listed on the NGX. This shows our commitment to national economic growth
and support for the food security drive of the nation in alignment with global
sustainability goals.”
“We appreciate the continued support of our stakeholders –
financial advisers, stock brokers, suppliers, customers, consumers and members
of staff. In particular, we cherish our host communities with whom we continue
to entrench very strong and mutually beneficial relationships.”
“The listing today marks a new beginning for a Company
playing a critical role in the FMCG industry, one that’s highly committed to
nourishing lives with all our product offerings”, said the acting Managing
Director, BUA Foods, Engr. Ayodele Abioye.
“The listing resonates with our commitment to sustainable
growth as we nourish and enrich the lives of consumers by delivering high
quality products at competitive prices.
“This listing creates an avenue for everyone to be a part of
the success story of BUA Foods and benefit from the growth opportunities
ahead.”
For over three decades, the company has maintained an unbroken
streak of year-on-year growth, establishing ultra-modern production facility
across multiple locations.
BUA Foods remains a consistent leading player in the Food
and FMCG industry with strong reputation for exceeding customers and consumers
expectations with high-quality products.
BUA Foods also continues to invest in modern technology for
efficient food production, innovating and expanding with strategic partners
across the value chain. The company is also well positioned to leverage
significant export potentials across West Africa and the larger African
continent.
0 comments:
Post a Comment