The Initiates Opens Dual Capital Raise at N9.50 Public Offering, N7.00 Rights Issue Per Share Respectively

Image Credit: initiatesgroup.com

November 14, 2025/InvestmentOne Update

Kindly be informed that THE INITIATES PLC Combined Offer—comprising the Public Offer and Rights Issue—is officially open.

Below is the summary of the combined offer.  

Qualification date01 Aug 2025
Rights Price ₦7.00 per share 
Rights Ratio1 : 5
Offer Price ₦9.50 per share 
Opens 05 November 2025
Closes12 December 2025

 
Follow the seamless steps below to opt-in today.

  • Download and fill the Public Offer form here

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