Jan 6 (Lagos) - Bua Foods Limited ( BUAFOODS ) was on Wednesday listed on the Main Board of the Nigerian Exchange Limited, with its total issued capital admitted to trading.
A total of 18 billion ordinary shares of BUA Foods were listed at N 40.00 per share under the consumer goods sector of the NGX, with the trading symbol ‘BUAFOODS’. The listed company will comprise of BUA Sugar Refinery Limited, BUA Rice Limited, BUA Oil Mills Limited, IRS Flour, and IRS Pasta.
The company said in a statement that it had satisfied the listing requirements of the Exchange and obtained relevant regulatory approvals.“ The listing by introduction means that the shares of existing BUA Foods’ shareholders has been listed without an additional public sale of shares. Henceforth, all BUA Foods shareholders will be free to trade their shares on the Exchange,” the company said.
reporting for easykobo.com on Thursday, January 6 2022 from Lagos, Nigeria