By InvestAdvocate
Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) and London Stock Exchange Group (LSEG) on Monday announced they will both host the second dual listing conference on April 12, 2016.
Both Exchanges said the conference is in line with its commitment to provide quoted companies global visibility and access to deep capital pools.
“The Conference themed ‘Leveraging Cross-Border Capital Markets for Sustainable Growth’ is primarily targeted at companies keen to explore a London/Lagos dual listing. Other attendees will include corporate finance experts, lawyers, capital market operators, and regulators who are key stakeholders in the capital market, “a joint statement from the NSE, LSEG said.
This conference is in furtherance to the agreement signed in November 2014 between the NSE and LSEG to strengthen cooperation and jointly promote mutual development between the two exchanges. The first Conference was held on June 22, 2015 in London, the statement added.
Oscar Onyema, CEO of the NSE said “The Exchange is committed to growing the capital market and believes that its development is fundamental to the sustainable growth of the Nigerian economy. Financial markets today have to be global in nature, as the demand for- and supply of- capital has no boundaries. The plans to get local and international companies to list both on the NSE and LSEG is part of our strategy for providing companies financing options that enables them to achieve an optimal capital structure that suits their strategic and organizational needs, while also enabling investors to access deep pools of liquidity to satisfy their corporate strategies”.
Xavier Rolet, CEO, London Stock Exchange Group said, “This event is a reflection of the global investment community’s strong desire to be a part of the Nigeria story. As the world’s most international exchange, LSEG looks forward to working with the NSE to showcase the rapid developments taking place in Nigeria’s capital markets and the Nigerian economy as a whole.”
The event scheduled to hold at the Wheatbaker Hotel, Ikoyi, Lagos, Nigeria is sponsored by Slaughter and May, Pricewaterhousecoopers (PWC), Chapel Hill Denham, UBS, Banwo & Ighodalo and Dangote Cement Plc.
