Legend Internet Plc will be listed on the Main Board of the Nigerian Exchange Limited by introduction on April 24, 2024.
In a statement made available to our correspondent on Monday, the listing will see the tech company list two billion ordinary shares, marking its official transition to a publicly traded company.
A listing by introduction means the firm has met all NGX’s requirements but is not raising new capital immediately through a public offer.
According to the statement, the company’s Chief Marketing Officer, Shakirah Alaga, said the forthcoming listing and bell-ringing ceremony is a major milestone in Legend’s journey to deepen digital inclusion and redefine home connectivity across Nigeria.
“Legend’s listing on the NGX is more than a corporate milestone—it’s a national moment,” said Aisha Abdulaziz, Chief Executive Officer of Legend Internet. “We are building Africa’s most customer-focused internet company, powered by world-class infrastructure and made-in-Nigeria innovation. Going public allows more people to be part of this story and share in the value we’re creating.”
With its listing, Legend aims to unlock new growth opportunities by expanding its national footprint, investing in local talent, and scaling up its technology infrastructure.
“We’ve proven that innovation can be born here, scaled here, and listed here,” Abdulaziz added. “As we go public, we are unlocking new growth opportunities not just for Legend, but for Nigeria’s digital economy at large.”