VFD Group Plc: Listing of 5,067,396,400 Ordinary Shares of 50 Kobo Each

[Olori Uwem]

VFD Group Plc: Listing of 5,067,396,400 Ordinary Shares of 50 Kobo Each

Key Company Involved
• VFD Group Plc

What Happened?
• The Nigerian Exchange (NGX) announced the listing of additional shares of VFD Group Plc on April 1, 2026.
• A total of 5,067,396,400 new ordinary shares were officially added to the market.

Price of the Shares
• The new shares were issued at ₦10.00 per share.
• Each share has a nominal value of 50 Kobo.

Why Were These Shares Issued?
• The shares came from a Rights Issue.

Rights Issue Details:
• Ratio: 2 new shares for every 3 existing shares held
• Eligible shareholders (as of August 8, 2025) were allowed to buy additional shares at the discounted price.

In simple terms:
If you owned shares before that date, you were given the opportunity to purchase more shares in proportion to your holdings.

Impact on Share Capital

Before the listing:
• Total issued shares: 7,601,094,600

After the listing:
• Total issued shares increased to: 12,668,491,000

This means the company significantly expanded its share base by adding over 5 billion new shares.

What This Means for Investors
• More liquidity: More shares are now available for trading on the market.
• Dilution effect: Existing shareholders who did not participate in the rights issue may experience dilution of ownership percentage.
• Capital raise: The company raised funds through the rights issue to support its operations, investments, or expansion plans.

NGX’s Role
• The Nigerian Exchange Limited (NGX) approved and listed the shares on its official daily list.
• Trading licence holders (brokers) were formally notified so they can begin or continue trading the newly listed shares.

Simple Summary
• VFD Group conducted a rights issue.
• New shares were issued and listed on the NGX.
• Total shares outstanding increased significantly.
• Existing shareholders had the opportunity to buy more shares at ₦10 each.

 

[vicbizzy]

Is there still hope for us ebtered at 13 and currently lossing moey

 

[Crystal]

Is there still hope for us ebtered at 13 and

I understand how that feels, being down on a position is never easy.

But the key thing to focus on now is why the price dropped. In this case, the decline is largely tied to the rights issue and dilution, not necessarily a collapse in the company’s fundamentals. Rights issues often bring short-term pressure on price because:
More shares enter the market
Some investors sell instead of participating
The real question now is:

Can VFD use this new capital to grow earnings and create value?

If the funds are deployed efficiently, the business can expand and the price may recover over time.

So yes, there is still hope, but it depends on:
• Your investment horizon (short-term vs long-term)
• Your conviction in the company’s strategy

At this point, it’s less about the entry price of ₦13 and more about whether the future potential still justifies holding.

 

[Crystal]

VFD Group Plc: Listing of 5,067,396,400 Ordinary Shares of 50 Kobo Each

Key Company Involved
• VFD Group Plc

What Happened?
• The Nigerian Exchange (NGX) announced the listing of additional shares of VFD Group Plc on April 1, 2026.
• A total of 5,067,396,400 new ordinary shares were officially added to the market.

Price of the Shares
• The new shares were issued at ₦10.00 per share.
• Each share has a nominal value of 50 Kobo.

Why Were These Shares Issued?
• The shares came from a Rights Issue.

Rights Issue Details:
• Ratio: 2 new shares for every 3 existing shares held
• Eligible shareholders (as of August 8, 2025) were allowed to buy additional shares at the discounted price.

In simple terms:
If you owned shares before that date, you were given the opportunity to purchase more shares in proportion to your holdings.

Impact on Share Capital

Before the listing:
• Total issued shares: 7,601,094,600

After the listing:
• Total issued shares increased to: 12,668,491,000

This means the company significantly expanded its share base by adding over 5 billion new shares.

What This Means for Investors
• More liquidity: More shares are now available for trading on the market.
• Dilution effect: Existing shareholders who did not participate in the rights issue may experience dilution of ownership percentage.
• Capital raise: The company raised funds through the rights issue to support its operations, investments, or expansion plans.

NGX’s Role
• The Nigerian Exchange Limited (NGX) approved and listed the shares on its official daily list.
• Trading licence holders (brokers) were formally notified so they can begin or continue trading the newly listed shares.

Simple Summary
• VFD Group conducted a rights issue.
• New shares were issued and listed on the NGX.
• Total shares outstanding increased significantly.
• Existing shareholders had the opportunity to buy more shares at ₦10 each.

Thank you for sharing. I hope they allocated the RI on time.

 

[okey]

Is there still hope for us ebtered at 13 and currently lossing moey

Buy more to lower the cost. It's called cost averaging

 

[Vicole]

VFD Group Plc: Listing of 5,067,396,400 Ordinary Shares of 50 Kobo Each

Key Company Involved
• VFD Group Plc

What Happened?
• The Nigerian Exchange (NGX) announced the listing of additional shares of VFD Group Plc on April 1, 2026.
• A total of 5,067,396,400 new ordinary shares were officially added to the market.

Price of the Shares
• The new shares were issued at ₦10.00 per share.
• Each share has a nominal value of 50 Kobo.

Why Were These Shares Issued?
• The shares came from a Rights Issue.

Rights Issue Details:
• Ratio: 2 new shares for every 3 existing shares held
• Eligible shareholders (as of August 8, 2025) were allowed to buy additional shares at the discounted price.

In simple terms:
If you owned shares before that date, you were given the opportunity to purchase more shares in proportion to your holdings.

Impact on Share Capital

Before the listing:
• Total issued shares: 7,601,094,600

After the listing:
• Total issued shares increased to: 12,668,491,000

This means the company significantly expanded its share base by adding over 5 billion new shares.

What This Means for Investors
• More liquidity: More shares are now available for trading on the market.
• Dilution effect: Existing shareholders who did not participate in the rights issue may experience dilution of ownership percentage.
• Capital raise: The company raised funds through the rights issue to support its operations, investments, or expansion plans.

NGX’s Role
• The Nigerian Exchange Limited (NGX) approved and listed the shares on its official daily list.
• Trading licence holders (brokers) were formally notified so they can begin or continue trading the newly listed shares.

Simple Summary
• VFD Group conducted a rights issue.
• New shares were issued and listed on the NGX.
• Total shares outstanding increased significantly.
• Existing shareholders had the opportunity to buy more shares at ₦10 each.

Good breakdown, ma The key thing here is what the rights issue really means in practice.
VFD has raised fresh capital, which is positive if the funds are deployed well, thats in expansion, investments, or strengthening the business. But on the flip side, with over 5 billion new shares added, dilution is real for anyone who didn’t participate. Your ownership percentage drops, and that can weigh on price in the short term.

So the focus now shifts to execution. If VFD uses this capital efficiently and grows earnings, the dilution can be justified over time. If not, the market will price that in quickly. For investors, this is no longer about the rights issue, it’s about what the company does next with the money.

 

[Ugobeauty]

Is there still hope for us ebtered at 13 and currently lossing moey

Yes there is still hope and you can buy more now.

 

[Vicole]

Thank you for sharing. I hope they allocated the RI on time.

True, that’s important. Timely allocation shows efficiency and builds trust with investors.

Delays can create uncertainty, especially for those who subscribed and are waiting to see their positions reflected.

Hopefully everything was handled smoothly—execution matters just as much as the capital raised.

 

[Vicole]

Buy more to lower the cost. It's called cost averaging

Yes, you're right, buying more also help increasing your ownership stake

 

[Ugobeauty]

There is a brighter future for VFD if only they can maximize the capital raised . VFD is more of a long term stock, investors who were not eligible to participate in the right issue should make use of this period to average down their cost.

 

[Vicole]

There is a brighter future for VFD if only they can maximize the capital raised . VFD is more of a long term stock, investors who were not eligible to participate in the right issue should make use of this period to average down their cost.

Exactly. The opportunity is there, but it all comes down to how well VFD uses the capital.

If they deploy it into profitable ventures and grow earnings, long-term investors will benefit. For those who missed the rights issue, this phase can be a chance to gradually build or average their position—but with patience and a clear view of the company’s execution.

 

[akintolu]

VFD Group Plc: Listing of 5,067,396,400 Ordinary Shares of 50 Kobo Each

Key Company Involved
• VFD Group Plc

What Happened?
• The Nigerian Exchange (NGX) announced the listing of additional shares of VFD Group Plc on April 1, 2026.
• A total of 5,067,396,400 new ordinary shares were officially added to the market.

Price of the Shares
• The new shares were issued at ₦10.00 per share.
• Each share has a nominal value of 50 Kobo.

Why Were These Shares Issued?
• The shares came from a Rights Issue.

Rights Issue Details:
• Ratio: 2 new shares for every 3 existing shares held
• Eligible shareholders (as of August 8, 2025) were allowed to buy additional shares at the discounted price.

In simple terms:
If you owned shares before that date, you were given the opportunity to purchase more shares in proportion to your holdings.

Impact on Share Capital

Before the listing:
• Total issued shares: 7,601,094,600

After the listing:
• Total issued shares increased to: 12,668,491,000

This means the company significantly expanded its share base by adding over 5 billion new shares.

What This Means for Investors
• More liquidity: More shares are now available for trading on the market.
• Dilution effect: Existing shareholders who did not participate in the rights issue may experience dilution of ownership percentage.
• Capital raise: The company raised funds through the rights issue to support its operations, investments, or expansion plans.

NGX’s Role
• The Nigerian Exchange Limited (NGX) approved and listed the shares on its official daily list.
• Trading licence holders (brokers) were formally notified so they can begin or continue trading the newly listed shares.

Simple Summary
• VFD Group conducted a rights issue.
• New shares were issued and listed on the NGX.
• Total shares outstanding increased significantly.
• Existing shareholders had the opportunity to buy more shares at ₦10 each.

This means if I buy November, 2025 or even Yesterday I'm qualified or only those who bought it on or before August 8, 2025 are qualified?

 

[Gbeleye Taiwo]

VFD is good company to invest in with sound fundamentals. The concluded Rights Issue as listed now dilutes the share which can temporarily bring down the price but it will bounce back eventually

 

[Vicole]

This means if I buy November, 2025 or even Yesterday I'm qualified or only those who bought it on or before August 8, 2025 are qualified?

I doubt, if only you bought or have them before that 8th of August, 2025. Any date above this is not qualified for it.

 

[Vicole]

VFD is good company to invest in with sound fundamentals. The concluded Rights Issue as listed now dilutes the share which can temporarily bring down the price but it will bounce back eventually

that’s the key point. VFD’s fundamentals haven’t changed; the rights issue just increased the total shares, so the price might dip a bit at first due to dilution.

But if the company uses the capital wisely—growing its business, investing in profitable projects, and improving earnings—the stock should recover and even climb higher over time.

For investors, this is a long-term opportunity: short-term price wobble is normal, but the underlying business is solid.

 

[Crystal]

Buy more to lower the cost. It's called cost averaging

Exactly, cost averaging can help reduce your entry price over time. But it’s important to combine that with conviction in the stock. Averaging works best when you still believe in the company’s long-term outlook, not just to “escape” a loss. So it’s not just about buying more, but buying more for the right reasons.

 

[Crystal]

Good breakdown, ma The key thing here is what the rights issue really means in practice.
VFD has raised fresh capital, which is positive if the funds are deployed well, thats in expansion, investments, or strengthening the business. But on the flip side, with over 5 billion new shares added, dilution is real for anyone who didn’t participate. Your ownership percentage drops, and that can weigh on price in the short term.

So the focus now shifts to execution. If VFD uses this capital efficiently and grows earnings, the dilution can be justified over time. If not, the market will price that in quickly. For investors, this is no longer about the rights issue, it’s about what the company does next with the money.

Well explained. Rights issues often look simple on the surface, but the real impact lies in dilution vs value creation. The capital raise itself is not the issue it’s how the company deploys it that determines whether shareholders ultimately benefit. Short-term price pressure is expected, but long-term outcomes depend entirely on execution.

 

[Crystal]

Yes there is still hope and you can buy more now.

Good perspective. At this stage, patience and strategy matter more than emotion. Averaging down can make sense, but it should be done with a clear understanding of the company’s fundamentals and long-term direction. For VFD, the key variable remains how effectively the new capital is utilized.

 

[Crystal]

True, that’s important. Timely allocation shows efficiency and builds trust with investors.

Delays can create uncertainty, especially for those who subscribed and are waiting to see their positions reflected.

Hopefully everything was handled smoothly—execution matters just as much as the capital raised.

True, timing is very important. Delayed allocation can create uncertainty for investors, especially those who participated in the rights issue. Smooth and timely processing helps maintain confidence in the system and the company’s operations.

 

[Crystal]

Yes, you're right, buying more also help increasing your ownership stake

Yes, and beyond lowering cost, it also helps increase your position size. But as always, cost averaging should be guided by conviction and not just the desire to reduce losses.