Access Holdings’ additional shares worth N21.4 billion admitted to NGX official list
The Nigerian Exchange (NGX), in its weekly market report, has disclosed the listing of 1,057,958,025 ordinary shares of 50 kobo each of Access Holdings Plc.
The Nigerian Exchange (NGX), in its weekly market report, has disclosed the listing of 1,057,958,025 ordinary shares of 50 kobo each of Access Holdings Plc.
The report, which also outlined stock performance for the trading week ended 10 April 2025, provided details on the newly admitted shares.
According to the Exchange, the shares are part of 1,975,308,641 ordinary units offered through a private placement at N20.25 per share, raising N21.4 billion out of the projected N39.9 billion.
It added that the 1,057,958,025 subscribed shares were admitted on Wednesday, 8 April 2026 to the official daily list, increasing the Holdings’ issued and fully paid shares.
According to the Exchange, the total issued and fully paid shares of Access Holdings have increased from 53,317,838,433 to 54,375,796,458 ordinary units of 50 kobo.
The NGX also noted that the newly listed shares came from a total of 1,975,308,641 ordinary shares offered, with 53.54% successfully subscribed.
In mid-December, Access Holdings disclosed that it had received shareholder approval to raise N40 billion in fresh equity through a private placement.
The approval was granted during the company’s Extraordinary General Meeting held virtually on Thursday, 18 December 2025.
Offered at N20.25 per unit, with 1,057,958,025 shares taken up, the exercise has boosted the company’s valuation, supported by a 23.81% year-to-date gain in 2026.
Shares of Access Holdings have risen from an opening price of N21 to N26 as of the trading week ended April 10, 2026.
The stock has recorded over 3.8 billion units traded year-to-date, making it one of the most liquid stocks on the Nigerian Exchange, alongside other tier-one banks.
In 2025, Access Holdings declined by 11.95%, dropping from an opening price of about N23.85 to close the year at N21.
Investors appear to be capitalizing on that dip, reflected in the 23.81% year-to-date gain, even as the company is yet to publish its audited 2025 financial statements.
Access Holdings’ latest financial report is its nine-month results released on October 30, 2025, showing a pre-tax profit of N616 billion, up 10.4% from N558 billion year-on-year.
The stock’s strongest monthly performance in 2026 so far came in February, when it delivered a return of 17.26%.
Access Holdings trades under the ticker ACCESSCORP on the Nigerian Exchange and is part of the tier-one banking group commonly referred to as FUGAZ.
