Investor relations

Presco's initial public offer was successfully completed, and since 9th October 2002 Presco Plc has been listed on the Nigerian Stock Exchange. The public offering of Presco consisted of the sale of approximately 160 million shares at NGN 5 each. The issue was fully subscribed and Presco received approximately NGN 800 million gross (€ 6.5 million). In  2008, Bonus scheme was  implemented based on 1 share for 1 share held, while dividend pay out to shareholders has been consistent.

There are approximately 10,000 shareholders. The current shareholding structure is as follows:

  • Siat Group: 60%
  • Nigerian Investors (institutional and private): 40%


 Corporate Information: 

Registered Office 
Obaretin Estate 
Km 22, Benin/Sapele Road 
Ikpoba-Okha Local Government Area 
Benin City, Edo State 

Registrar & Transfer Office 
First Registrars (Nigeria) Ltd 
Plot 2, Abebe Village Road 
PMB 12692 
Marina, Lagos 

Akintola Williams Deloitte (Chartered Accountants)

235 Ikorodu Road, Ilupeju

P.O.Box 965, Marina

Lagos Nigeria.

Abdulai, Taiwo & Co 
Goodwill House 
278 Ikorodu Road 

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