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VFD GROUP PLC
Abbey Mortgage Bank has announced that VFD Group Plc, its largest shareholder, sold 400,828,935 units of the bank’s shares worth over N2.72 billion.
VFD Group Plc (NGX: VFDGROUP), a leading principal investment firm, has announced the successful redemption of its N4.24 billion Series 4 Commercial Paper issued on December 19, 2024. The redemption marks another milestone under the Group’s N20 billion Commercial Paper Programme, registered in 2022.
VFD Group Plc has reported a pre-tax profit of N4.1 billion for the first quarter ended 31 March 2025, representing a 35.45% increase from N3.04 billion in the same period of 2024.
VFD Group Plc has announced that its Board of Directors approved significant investments in Abbey Mortgage Bank Plc and the e-commerce platform Bvndle Loyalty Limited.
VFD Group Plc has set its sights on an ambitious expansion, but its latest N6 billion commercial paper...
VFD Group Plc has announced a major restructuring of its board, as two board members retire while three new board members are appointed.
The share price of VFD Group Plc closed at N40.60, an 80% decline from the previous trading session's price of N202.90.
The Nigerian Exchange Limited has announced the commencement of trading in VFD Group Plc’s Rights Issue of 63,342,455 ordinary shares of 50 kobo each at N197.33 per share.
The three newly listed equities in the NGX have contributed about N179 billion to the exchange’s market cap in 2023.
The Board of Directors at VFD Group Plc have announced the appointments of Rashida Saleh and Nneka Okekearu as Independent Non-Executive Directors of the company.
VFD Group Plc has said that it is targeting to grow gross earnings from N33.803 billion in 2022 to N53.545 billion in the 2025 financial year.
VFD Group Plc has through its Stockbrokers, TRW Stockbrokers Limited filed an application to the NGX for the approval and listing of a rights issue of 63.342 million ordinary shares.