Dangote Pledges Retail Priority in Oversubscribed IPO
4 Articles
4 Articles
Dangote: We want ordinary Nigerians to own IPO
By Uzoma Marvellous Aliko Dangote has said the planned Initial Public Offering (IPO) of Dangote Refinery is aimed at giving ordinary Nigerians and Africans an opportunity to own a stake in one of the continent’s biggest industrial ventures. Dangote, president of Dangote Industries Limited, said the offering was designed to democratise the capital market by […]
Dangote Refinery IPO To Prioritise Retail Investors In Boosting Shareholders' Base
President/chief executive of Dangote Industries Limited, Aliko Dangote, said retail investors would get priority allocation if the Dangote Refinery Initial Public Offer (IPO) is oversubscribed. Dangote said, the offer was deliberately structured to broaden ownership of one of Africa’s most strategic industrial assets and provide millions of Nigerians with an opportunity to participate directly in […]
Dangote’s IPO to give preference to small investors in event of oversubscription
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has reaffirmed his commitment to making the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery a truly “People’s IPO,” assuring retail and small investors that they will receive priority allocation should the offer become oversubscribed Dangote said, the offer was deliberately structured to broaden […]
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