VFD Group Plc has received the approval of Securities and Exchange Commission (SEC) to extend its ongoing Rights Issue of N50.673 billion. The rights issue will now remain open until December 26, 2025.
The additional window is intended to accommodate the rising number of shareholders indicating interest in exercising their rights and to ensure broad-based access to the offering.
The Rights Issue extension follows strong investor uptake and a steady acceleration in participation across all categories of qualified shareholders, including retail investors, institutional holders, and members of the diaspora.