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December 12, 2025

The Initiates Plc is pleased to announce the extension of its ongoing Public Offer of 932,022,138 Ordinary Shares of 50 kobo each at ₦9.50 per share, following overwhelming investor interest and sustained participation across both retail and institutional segments.
Originally scheduled to close on December 12, 2025, the Public Offer has now been officially extended to January 12, 2026, with approval from the Nigerian Securities and Exchange Commission (SEC).
This adjustment ensures that more investors have the opportunity to subscribe and participate in the company’s strategic growth plans.
The extension allows additional time for interested investors to take advantage of this unique opportunity to invest in one of Nigeria’s leading waste management and environmental solutions companies.
It also reflects the expanding confidence in The Initiates Plc’s business model, long-term strategy, and continued performance within the environmental and industrial services sector.
At The Initiates Plc, we remain committed to delivering value at scale—through sustainable investments, technological innovation, operational efficiency, and strengthened capacity across our facilities and service offerings.
This Public Offer plays a vital role in accelerating our expansion plans, supporting infrastructure upgrades, and deepening our contribution to Nigeria’s environmental management landscape.
We invite the public, investors, and stakeholders to take advantage of this extended window and be part of our growth journey.
👉 Visit: www.offerpo.initiatesgroup.com