Dangote Cement PLC Eyes London Stock Exchange Secondary Listing
Dangote Cement PLC disclosed via a board meeting outcome filed on 13 May 2026 that it is at a preliminary stage of exploring a potential secondary listing on the London Stock Exchange. The filing states the proposed listing is subject to corporate approvals, finalisation of transaction terms, regulatory approvals, and market conditions, with no certainty it will be completed.
Dangote Cement PLC (DANGCEM) has informed the Nigerian Exchange Limited (NGX) and the investing public that its board has been exploring a potential secondary listing on the London Stock Exchange (LSE) under the international commercial companies secondary listing framework. The disclosure, dated 12 May 2026 and signed by Company Secretary Edward Imoedemhe, was filed as the outcome of an emergency board meeting.
According to the filing, the proposed LSE listing is intended to deepen the company's access to international capital markets, broaden its shareholder base, and strengthen its position as a pan-African enterprise. The company described its current position as a preliminary exploration stage.
The filing sets out several conditions that would need to be satisfied before any listing could proceed, including requisite corporate approvals, finalisation of transaction terms, receipt of all relevant regulatory approvals, and favourable market conditions. The company explicitly stated there is no certainty that the proposed listing will be completed, or, if completed, as to the terms or timing thereof. Dangote Cement confirmed it will provide further updates to the market as the transaction progresses and as regulatory requirements are met. Shareholders and the investing public were advised to exercise caution when dealing in the company's securities pending further announcements.
