Briclinks Africa Plc was on Thursday, 5th February 2021 admitted to to Nigerian Stock Exchange (NSE) Growth Board. The telecommunications company was listed by introduction of 10 million (10,000,000) ordinary shares of ₦1.00 each at ₦6.26 per share on Friday, 5 February 2021.
The listing was commemorated with a digital Closing Gong ceremony where the Chief Executive Officer, Briclinks Africa, Mr. Mohammed Buhari, had the honour of bringing the day’s trading to an end.
Speaking at the ceremony, the Chief Executive Officer, NSE, Mr. Oscar N. Onyema, OON stated, “We are delighted to welcome Briclinks Africa Plc to The Exchange. This listing is a milestone in our desire to accommodate Small and Medium-sized Enterprises (SMEs) that hitherto have been underrepresented in public markets.
It is indeed a critical step in the NSE’s efforts towards greater representation of growth companies on the bourse. With this listing, we encourage Briclinks Africa Plc, as it commences life as a publicly quoted company, to continue to abide by its post-listing obligations whilst striving for transparency as this would ultimately create value for shareholders.”
On his part, Mr. Mohammed Buhari commented, “It is with great pleasure that we at Briclinks Africa Plc attend this special event to mark our listing on the Growth Board of the NSE. We have dreamt about this day and worked towards it with effervescence right from the moment we decided to be listed on the NSE about 17 months ago.
We have from this process emerged as a better entity, well-tuned to corporate best practices and culture. We would like at this point to thank our Financial Advisers to the listing, Afrinvest Securities, and the NSE team for their untiring support and guidance in making this day a reality.”
Investogist reported in December, 2020 on the launching of the Growth Board by the Nigerian Stock Exchange to encourage companies with high growth potential to seize the opportunity of raising long term capital and promote liquidity in the trading of their shares. The NSE Growth Board is home to McNichols Plc, Living Trust Mortgage Bank Plc, Chellarams Plc, The Initiaties Plc and now, Briclinks Africa Plc.
Briclinks Africa Plc is a telecommunication company that empowers businesses and homes to thrive in a connected world. The company’s address as stated on its websit is 8 Justice Lawal Uwals Street, off Jose Marti Crescent, Wuse 2, Abuja.
A search on Corporate Affairs Commission (CAC), show that the company was registered on July 30, 2015 and RC 1277173.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
