Ava Capital Plc has assured investors that its recent listing on the Main Board of the Nigerian Exchange (NGX) is designed to strengthen long-term shareholder value, improve corporate governance and enhance market transparency rather than raise fresh capital.

The assurance was given by the Chairman of the company, Dr. Yinka Adedeji, and the Chief Executive Officer, Mr. Kayode Fadahunsi, during Ava Capital’s inaugural Executive Media Roundtable in Lagos.

Adedeji said the company’s admission to the NGX represents a strategic milestone that subjects Ava Capital to higher standards of governance, accountability and continuous disclosure, which are critical to protecting shareholder interests and sustaining long-term value creation.

According to him, the board remains focused on building a resilient institution capable of delivering sustainable returns despite evolving economic conditions.

He said periods of economic uncertainty often present attractive opportunities for disciplined financial institutions with strong governance structures and clear long-term strategies.

Adedeji expressed confidence in the growth prospects of Nigeria’s capital market, noting that Ava Capital intends to contribute to deepening investor participation, strengthening market confidence and supporting economic development through innovative financial solutions.

Providing further insight into the company’s investment proposition, Fadahunsi explained that Ava Capital deliberately opted for a listing by introduction because it had no immediate need to raise additional capital.

According to him, the company admitted its existing five billion ordinary shares at N7.50 per share, giving it a market capitalisation of N37.5 billion at listing, while maintaining the required free float for active trading.

He stressed that the decision not to issue new shares was intended to avoid unnecessary dilution of existing shareholders while demonstrating the company’s strong capital position.

“We do not believe companies should raise capital simply because they are listing. Capital should only be raised when there is a clear business need, whether for expansion, regulatory compliance or strategic investments. Our listing was driven by governance, accountability and long-term visibility,” Fadahunsi said.

He added that becoming a publicly quoted company has strengthened Ava Capital’s commitment to continuous disclosure and enhanced corporate governance, providing investors with greater transparency into the company’s operations and performance.

Fadahunsi said Ava Capital’s business model is centred on connecting investment opportunities with capital while protecting investors through rigorous due diligence and disciplined financial advisory services.

He noted that the company operates through four regulated subsidiaries covering investment banking, securities brokerage, asset management and trusteeship, enabling it to provide integrated financial solutions across the capital market value chain.

Highlighting the company’s financial performance, the CEO disclosed that Ava Capital recorded a profit after tax of N614.2 million in its audited 2025 financial year, while its unaudited management accounts for the first half of 2026 showed a profit before tax of N1.4 billion and a profit after tax of N1.022 billion, indicating stronger earnings momentum.

He also revealed that the group has facilitated transactions valued at more than N1.2 trillion and currently serves over 5,000 clients, with plans to expand its customer base to more than 100,000 by 2030.

On regulatory capital, Fadahunsi said the company is well positioned to support future growth, having exceeded the Securities and Exchange Commission’s minimum capital requirements across its investment banking, asset management, securities brokerage and trusteeship businesses following an oversubscribed private placement completed before the new capital rules were introduced.

Looking ahead, he said the company will continue investing in technology, talent development and innovative financial products to expand its integrated financial services platform and improve long-term returns for shareholders.

“Our focus is not on short-term movements in our share price but on building an institution that consistently creates enduring value for shareholders, clients and the broader economy,” Fadahunsi said.

This version shifts the emphasis from the listing event itself to why the company could be attractive to investors highlighting earnings growth, capital adequacy, governance, shareholder protection, business scale, and long-term value creation.

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