VFD Group Plc has announced its intention to list on the Nigerian Exchange Group.
According to Nairametrics, the company will be able to strengthen its financial situation, increase its visibility, and obtain access to the public equity markets thanks to this strategic decision.
VFD Group Plc is a leading proprietary investment company that has a track record of providing clients with significant returns through a number of investing strategies.
The business invests in a wide range of industries, including banking, technology, media, energy, and real estate. The Group has also previously been listed since 2020 on the NASD OTC Securities Exchange.
“We are excited to take this next step in the evolution of our company,” said the Group Managing Director of VFD Group, Nonso Okpala.
“Listing on a major stock exchange will give us access to a larger pool of investors, enhance our profile, and provide superior returns to our investors.”
The company will delist from the NASD in order to list on the NGX.
The listing is dependent on market circumstances and regulatory approvals. As the listing procedure develops, VFD Group will provide more updates.