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Nigerian Stock Exchange: Migration Of REITs And Closed End Funds From The Main Board To A Separate Board Under The Equities Segment

Date 14/12/2018

The Nigerian Stock Exchange “the Exchange” or “NSE” today announced the migration of REITs and Closed End Funds (CEFs) to aseparate board under Equities, effective December 17, 2018. This follows an earlier notification made by The Exchange on a restructuring of the framework regarding the trading of Real Estate Investment Trusts (REITs) and Closed End Funds listed on its platform.

The migration of this asset class is aimed at promoting visibility and liquidity of listed REITs and CEFs in our market. Information on REITs and CEFs can be found on the Equities web page of the NSE website at  http://www.nse.com.ng/products/equities.

The Exchange remains committed to partnering with its issuers, investors and other capital market stakeholders, in providing a multi-asset platform that caters to different classes of investors.

 

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