VFD Group Extends N50.6bn Rights Issue to Dec 26, 2025

VFD Group PLC received approval from the Securities and Exchange Commission (SEC) to extend its ongoing N50.673 billion Rights Issue until December 26, 2025. The extension aims to accommodate a larger number of shareholders interested in exercising their rights, ensuring broad access to the offer.

The company encourages eligible shareholders to subscribe to 2 new ordinary shares for every 3 existing shares at a subscription price of N10 per share. This move is part of VFD Group's strategy to reinforce its capital base, support long-term growth, and enhance shareholder value.