INITIAL PUBLIC OFFERING (IPO) : Bgfi Holding resumes procedures with Cosumaf

(LVDE) – This decision by the Board of Directors of Bgfi Holding Corporation follows a favorable court ruling delivered by the Libreville Commercial Court on September 19, 2025.

On October 20, 2025, during a special session, the Board of Directors of Bgfi Holding Corporation decided to resume its initial public offering (IPO) process on the Central African Stock Exchange (Bvmac). This decision comes after the Libreville Commercial Court ruled against a group of minority shareholders who had opposed the IPO, rejecting their allegations as entirely unfounded.

This legal victory allows Bgfi Holding Corporation to move forward confidently with its procedures before the Financial Markets Supervisory Commission of Central Africa (Cosumaf). The company’s board members expressed their satisfaction with the outcome of the case, emphasizing that the ruling strengthens the legitimacy of their listing project. The Board has therefore decided to accelerate the process with the goal of completing all necessary formalities as soon as possible.

Once approval is granted by Cosumaf, BgfiBourse, appointed as Lead Arranger and Bookrunner, will launch the public offering. This step is crucial, as it will mark the official start of the IPO on the stock market, allowing investors to participate in the Bgfi Holding Corporation venture.

The IPO is viewed as a strategic milestone, particularly in preparation for the rollout of the 2026–2030 Corporate Project, which aims to strengthen the company’s capacities and diversify its financial activities through innovative initiatives tailored to market needs. Bgfi Holding Corporation seeks to position itself as a key player in the regional financial sector, leveraging its solid foundation and extensive experience.

This initiative also takes place within the broader context of revitalizing financial markets in Central Africa, where improving access to financing for companies and investors is increasingly critical. Bgfi Holding Corporation’s IPO could inspire other companies to pursue similar listings, thereby stimulating economic activity across the region.

The stakes are therefore high for Bgfi Holding Corporation, which views this step as an opportunity to enhance its visibility and attract new investors. With a rapidly evolving stock market, the company is preparing to play a leading role in transforming Central Africa’s financial landscape.

The Board of Directors approaches this new phase with confidence, convinced that the IPO will enable the company to raise additional resources to finance its growth. The company’s ambition is clear : to become a leader in the banking and financial sector, guided by strong values and a long-term vision.

In summary, Bgfi Holding Corporation’s decision to resume its IPO process marks a significant milestone for both the company and the regional financial market. This initiative is expected to generate positive impacts—not only for the corporation itself but also for the broader Central African economy, by facilitating access to credit and encouraging investment. The next steps will be closely watched by market participants and investors alike.

Esther Grace