Fidson Healthcare to Raise N21bn for Production and Expansion

Fidson Healthcare PLC (NGX: FIDSON) has announced its intention to raise N21 billion through a rights issue to support its growth plans, including expanding manufacturing capacity, driving product innovation, and increasing market penetration in new territories. The company held a signing ceremony in Lagos on December 12, 2025, to mark the formal launch of the highly anticipated rights issue.

The offering involves 600 million new ordinary shares at a price of N35.00 per share, targeting to inject vital funds to consolidate Fidson's leadership in the industry and expand its pan-African presence. The move comes at a time when the company has demonstrated exceptional performance and aims to accelerate its growth trajectory.