Ellah Lakes Plc has announced an extension of its ongoing N235 billion Public Offer, following approval from the Securities and Exchange Commission (SEC).
The agribusiness company confirmed on Friday, December 5, 2025, that the offer period will now run until Friday, December 19, 2025, giving investors two additional weeks to participate.
Public Offer
The Public Offer, which opened on November 10, 2025, involves the sale of 18.8 billion ordinary shares of 50 kobo each at ₦12.50 per share, making it one of the largest equity issuances in Nigeria’s agribusiness sector.
According to the company, the extension became necessary due to rising investor interest, reflecting strong market confidence in Ellah Lakes’ long-term growth prospects and its expanding role in strengthening food security across Africa.
Ellah Lakes said the added window would ensure broader investor participation and support its mission to scale operations, boost agricultural productivity, and deliver sustainable value to shareholders.
The company encouraged prospective investors who had yet to subscribe to complete their applications either through the Nigerian Exchange (NGX) Portal or by downloading and submitting the Commitment Form available on the company’s website via their stockbrokers.
The extension is expected to further energize the offer, as stakeholders position themselves for potential returns in Nigeria’s rapidly evolving agribusiness landscape.
