By Peter Egwuatu
AVA Capital Plc, an integrated financial services group with operations in investment banking, asset management, securities trading and trusteeship, is set to list on the Nigerian Exchange Limited (NGX) by way of Listing by Introduction on Friday.
According to a statement made available to Vanguard, the listing is a strategic transition into the public market aimed at strengthening the Group’s institutional profile rather than raising fresh capital.
Managing Director of AVA Capital Plc, Olukayode Fadahunsi, said: “Our admission to the Nigerian Exchange is a natural progression in AVA Capital’s evolution as a long-term institution. We’re stepping into the public market with a solid foundation, an established platform and a commitment to transparency.”
He added: “This is about cementing our place in Nigeria’s financial landscape and building a foundation for sustained growth. The public markets expect us to be open, disciplined and responsible, and we see these as strengths that help institutions grow stronger over time.”
