NGX lists N4.075bn AVA Infrastructure Fund

NGX lists N4.075bn AVA Infrastructure Fund

The Nigerian Exchange Ltd. (NGX) has listed N4.075 billion of AVA Infrastructure Series One Fund on its trading platform.

Mr Godstime Iwenekhai, Head, Issuers Regulation Department of NGX, disclosed this in a statement on Saturday in Lagos.

Iwenekhai said AVA Global Asset Managers Ltd’s., AVA Infrastructure Series 1 Fund of 4,075 units of N1 million each was issued at par under the N200 billion issuance programme.

He said: “AVA Infrastructure Series One Fund’s 4,075 units were listed on the Main Board of NGX at N1 million each as a closed-end Fund and naira-denominated unit trust scheme.

“AVA Capital Partners Ltd. is the Issuing House for the Fund, the Trustee to the Fund is STL Trustees Ltd., the Custodian of the Fund is United Bank of Africa Plc(UBA) and the Registrar for the Fund is Cordros Registrars Ltd.

According to him, the listing of the fund on the NGX is a clear indication…
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