Geregu Power Plc will on Wednesday, October 5, 2022 be admitted into the Main board of NGX by way of listing by Introduction (LBI) with the admittance of 2,500,000,000 of ordinary shares of 50 kobo each at N100 per share on the Exchange.
Notably, the company appointed the accounting firm of PriceWaterhouseCoopers (PwC) in June , 2022 as auditors of the firm; and also brought on board Mr. Paul Miyonde Gbededo, former Group Managing Director/CE of FMN unto its board.
The power plant is located in Ajaokuta Local Government of Kogi State.
This will be the first company in the energy/power sector to be so listed on the NGX.
To mark the significance of the listing, a closing gong ceremony is being planned for the last week of October 2022.
