Business & Economy

Briclinks Africa Plc Lists On NSE Growth Board

The Nigerian Stock Exchange (NSE or The Exchange) admitted Briclinks Africa Plc to its Growth Board in a listing by introduction of 10 million (10,000,000) ordinary shares of ₦1.00 each at ₦6.26 per share on Friday, 5 February 2021.
The listing was commemorated with a digital Closing Gong ceremony where the Chief Executive Officer, Briclinks Africa, Mr Mohammed Buhari, had the honour of bringing the day’s trading to an end.

Speaking at the ceremony, the Chief Executive Officer, NSE, Mr Oscar N. Onyema, OON stated: We are delighted to welcome Briclinks Africa Plc to The Exchange. This listing is a milestone in our desire to Accommodate Small and Medium-sized Enterprises (SMEs) that hitherto have been underrepresented in public markets. It is indeed a critical step in the NSE’s efforts towards greater representation of growth companies on the bourse. With this listing, we encourage Briclinks Africa Plc, as it commences life as a publicly quoted company, to continue to abide by its post-listing obligations whilst striving for transparency as this would ultimately create value for shareholders.”

Briclinks Africa Plc Lists On NSE Growth Board

On his part, Mr Mohammed Buhari commented: “It is with great pleasure that we at Briclinks Africa Plc attend this special event to mark our listing on the Growth Board of the NSE. We have dreamt about this day and worked towards it with effervescence right from the moment we decided to be listed on the NSE about 17 months ago. We have from this process emerged as a better entity, well-tuned to corporate best practices and culture. We would like at this point to thank our Financial Advisers to the listing, Afrinvest Securities, and the NSE team for their untiring support and guidance in making this day a reality.”

It would be recalled that in January 2020, NSE launched the Growth Board to encourage companies with high growth potential to seize the opportunity of raising long term capital and promote liquidity in the trading of their shares. The NSE Growth Board is home to McNichols Plc, Living Trust Mortgage Bank Plc, Chellarams Plc, The Initiatives Plc and now, Briclinks Africa Plc.
Facebook Comments
Brand News Day

Recent Posts

Stanbic IBTC Empowers MSMEs With Business Growth Insights At Nigeria Business Summit Regional Tour In Ibadan

Stanbic IBTC - Micro, Small, and Medium Enterprises (MSMEs) across Oyo State embraced the opportunity…

2 hours ago

GTBank Bagged Best Overall Performing Bank In Nigeria In The Banker’s Top 1000 World Rankings 2026

Guaranty Trust Bank Ltd (GTBank), the flagship banking subsidiary of Guaranty Trust Holding Company Plc…

1 week ago

Stanbic IBTC Hosts Clients At Lagos Polo Club’s Unity Cup In England With Chief Executive, Chuma Nwokocha

As a major sponsor of Lagos Polo Club over the years, Stanbic IBTC was proud…

1 week ago

Kenya Gives Central Bank Emergency Powers To Rescue Struggling Banks In 2026

Kenya has introduced new legal powers allowing its central bank to provide emergency financial support…

1 week ago

Stanbic IBTC Capital Wins Best Investment Bank In Nigeria At 2026 Global Banking And Finance Review Awards

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings, has been named the Best Investment…

1 week ago

Rethinking How Nigeria Supports SME Growth

By Olajumoke Bello, Head Enterprise Banking, Stanbic IBTC Bank Across Nigeria, small and medium enterprises…

1 week ago

This website uses cookies.