Supplementary listings on the Nigerian Exchange (NGX) in the week ended 2nd October, 2026, has seen additional 7,069,044,856 ordinary shares added to the daily official list of the Exchange.
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The supplementary listing notifications were contained in the weekly market report, the independence week that saw a total turnover of 3.166 billion shares worth ₦155.023 billion in 206,662 deals was traded this week by investors on the floor of the Exchange.
Guinea Insurance Plc (NGX: GUINEAIN): Listing of 3,206,838,021 Ordinary Shares of 50 Kobo Each Arising from Guinea Insurance Plc’s Rights Issue of 5,295,200,000 Ordinary Shares of 50 Kobo Each at ₦1.10 Per Share.
The shares were listed on Monday, 28 September 2026 on the Daily Official List of Nigerian Exchange Limited.
The additional shares arose from the Company’s Rights Issue of 5,295,200,000 ordinary shares of 50 Kobo each at ₦1.10 per share on the basis of two (2) new ordinary shares for every existing three (3) ordinary shares held as at the close of business on Wednesday, 21 January 2026.
With the listing of the additional 3,206,838,021 ordinary shares, the total issued and fully paid-up share capital of Guinea Insurance Plc have now increased from 7,942,800,000 to 11,149,638,021 ordinary shares of 50 Kobo each.
Regency Alliance Insurance Plc (NGX: REGALINS): Listing of 3,684,210,525 Ordinary Shares Arising from Regency Alliance Insurance Plc’s Private Placement of 7,368,421,052 Ordinary Shares of 50 Kobo Each at 95 Kobo Per Share.
The shares were listed on Monday, 28 September 2026 on the Daily Official List of Nigerian Exchange Limited.
The additional shares listed on NGX arose from the Company’s Private Placement of 7,368,421,052 ordinary shares of 50 Kobo each at 95 Kobo per share. With the listing of the additional shares, the total issued and fully paid-up share capital of Regency Alliance Insurance Plc have now increased from 18,679,385,062 to 22,363,595,587 ordinary shares of 50 Kobo each.
The Initiates Plc (NGX: TIP): Listing of Initiates Plc’s Rights Issue of 177,996,310 Ordinary Shares of 50 Kobo Each at ₦7.00 Per Share and Public Offer of 932,022,138 Ordinary Shares of 50 Kobo Each at ₦9.50 per Share.
The shares were listed on Wednesday, 30 September 2026 on the Daily Official List of Nigerian Exchange Limited.
The additional shares listed on NGX arose from The Initiates Plc’s Rights Issue of 177,996,310 Ordinary Shares of 50 Kobo each at ₦7.00 per share on the basis of one (1) new share for every five (5) ordinary shares held as of Friday, 01 August 2025 and Public Offer of 932,022,138 Ordinary Shares of 50 Kobo each at N9.50 per share.
With this listing of the additional 1,110,018,448 ordinary shares of 50 Kobo each, the total issued and fully paid-up share capital of The Initiates Plc has now increased from 889,981,552 to 2,000,000,000 ordinary shares of 50 Kobo each.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
