Ellah Lakes Plc has announced the extension of its ongoing Public Offer following approval from the Securities and Exchange Commission (SEC), allowing additional time for investors to participate in one of the largest equity issuances in Nigeria’s agribusiness sector.
The Company confirmed that the Offer of 18.8 billion ordinary shares of 50 kobo each, priced at ₦12.50 per share, will now remain open until Friday, December 19, 2025.
The extension moves the closing date from the earlier schedule of December 5, 2025.
The Offer, which opened on Monday, November 10, 2025, has recorded rising market interest, prompting the Company to request a longer subscription window.
The updated timeline provides more flexibility for investors and aligns with Ellah Lakes’ objective of broadening participation as it executes its growth and expansion strategy.
Ellah Lakes stated that extending the Offer period ensures that more stakeholders can subscribe and take part in the Company’s long-term plans to strengthen food production, expand operational capacity, and support agricultural value chains across Africa.
Prospective investors are encouraged to complete their applications through the NGX Portal or by downloading the Commitment Form from the Company’s website and submitting it through a licensed stockbroker.
The Public Offer remains central to Ellah Lakes’ strategy to accelerate scale, enhance food security, and deliver sustainable value creation for shareholders.