Ellah Lakes lists additional 1.88bn ordinary shares
From L-R, Mr. Jamie Rixton, Chief Agronomist, Ellah Lakes Plc., Mr. Wole Onasanya, Chief Financial Officer, Ellah Lakes Plc., Mr. Chuka Mordi, Chief Executive Officer, Ellah Lakes Plc., Mr. Olumide Bolumole, Divisional Head, Listing Business, The NSE & Mr. Enotie Ogbebor, Non-Executive Director, Ellah Lakes Plc, Mr. Ogbebor- Frank Ellah (Director, Ellah Lakes Plc), & Kofo Majekodunmi (CEO, MBC Financial Services).
Ellah Lakes Plc. successfully listed additional 1,880,000,000 shares on the main board of the Nigerian Stock Exchange(NSE) on June 17, 2019. The listing of these shares on the NSE, is expected to create options for investors in the agric-business segment of the NSE. The outgoing CEO of Ellah Lakes Plc., Mr. Frank Ellah, commented that, the listing, marked a milestone in the history of the Company. He stated that, after several years of challenging operational performance, the Company is set for growth with the new management team.
Parties to the Ellah Lakes Offer at The NSE From L-R: Mr. Oluwapelumi Joseph, Africa Practice, Mr. Yussuf Apena, MBC Securities Ltd., Mr. Olumide Bolumole, Divisional Head, Listing Business, The NSE, Mr. Chuka Mordi, Chief Executive Officer, Ellah Lakes Plc., Mr. Kofo Majekodunmi, Managing Director, MBC Capital Ltd., Mr. Babajimi Ayorinde, Founding Partners, The New Practice (TNP), Mrs. Kenechi Ezezika, Managing Partner, Oake Legal.
The CEO, Mr. Chuka Mordi was interviewed by CNBC Africa. To watch, click here.