WorldStage Newsonline– Nigerian Exchange Group Plc (NGX Group) has said that it had been formally notified by VFD Group Plc that its total shareholding in the group stands at 5.17% of the issued share capital of NGX Group as at 16 February 2022.
NGX Group in a note on Wednesday signed by Mojisola Adeola, Group Company Secretary/ Compliance Officer said it wrote to formally notify the market of the development further to the provisions of Rule 17.13 of the Rulebook of Nigerian Exchange Limited (NGX) (Issuers’ Rules)
VFD Group according to information on its website is an industry-agnostic investment company which find companies with potential, invest in them and work with them to ensure they experience growth across sides.
VFD Group said since 2009 it had been building an industry-agnostic proprietary investment company, with a portfolio of over 40 businesses across different sectors and geographies, creating innovative products and solutions for the African market.
The group listed its footprint to include 41 portfolio investments in nine investment sectors.
It put its share price at ₦361.82 and total asset base at ₦107 billion.
