FCMB Group Plc, a leading financial services holding company in Nigeria’s financial sector, held a Facts Behind the Offer (FBO) session recently at the Nigerian Exchange (NGX) as part of its recapitalization drive aimed at raising ₦110.9 billion. The session highlighted the Group’s robust financial performance and underscored why it presents a compelling investment opportunity.
The Group commenced its public offer of 15.197 billion shares at N7.30 per share, amounting to N110.9 billion, on July 29, 2024, and is expected to close on September 4, 2024.
Its presentation at the NGX focused on its strong profitability and strategic growth trajectory. The Group reported a significant increase in earnings, showcasing its diversification, resilience and operational efficiency in a competitive market. This strong financial performance is a testament to its effective management and strategic foresight.
