Lagos, Nigeria. October 15, 2021.
Chapel Hill Denham Advisory Limited today listed the Nigerian Exchange Group Plc (“NGX Group”) on the Main Board of Nigerian Exchange Limited (“NGX”). 1,964,115,918 shares were admitted to trading and the shares will trade under the ticker NGXGROUP. The listing is subsequent to the successful completion of the demutualization of the former Nigerian Stock Exchange and its related operations within the new NGX Group. Chapel Hill Denham Securities Limited acted as Sponsoring brokers to the listing of NGX Group.
Speaking at the listing ceremony, Kemi Awodein, Managing Director, Chapel Hill Denham Advisory, said “We are certain this listing will allow NGX Group, find its true value, as well as increase its profile. Chapel Hill Denham is proud to have worked with the NGX Group on this landmark transaction”.
Akeem Shadare, Managing Director, Chapel Hill Denham Securities Limited, stated that “this will broaden NGX Group’s ownership and provide a new sector available for investors on NGX”.
About Chapel Hill Denham
Chapel Hill Denham has a simple and powerful model focused on investment banking and investment management. Chapel Hill Denham Advisory is Nigeria and Africa’s leading independent investment bank. Chapel Hill Denham Management is Nigeria’s leading alternative asset manager with funds focused on areas accretive to Africa’s and Nigeria’s economic development and targeting Infrastructure and Renewables, Real Estate, SMEs (Women and Youth owned businesses), Digital and Financial Inclusion, Healthcare and Education.
Chapel Hill Denham Securities is a broker/dealer on Nigerian Exchange Limited and is licensed by the Securities & Exchange Commission.