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IPO Details
Company Profile
Summary of the Offer
Important Highlights
Important Dates
Advisers and Vendors
Historical Financials
IPO Prospectus
In the News
 

Company Profile
Name African Petroleum plc
Security Type Ordinary
Ticker AP
Reuters Code
ISIN NGAP00000004
Number of Employees
Address AP House
54/56 Broad Street
Lagos, Nigeria
Website www.applcng.com
Phone +234-1-2600050 - 7
Fax +234-1-2634341
Email aplagos@applcng.com
Nature of Business AP plc is the foremost Nigerian oil marketer of refined petroleum products with a strong presence in the thirty-six stat es of Nigeria and Abuja; with over 500 AP owned, dealer assisted and dealer developed retail outlets spread across the c ountry.

Summary of the Offer
Offer Type Public Offer 
Offer Method Offer for Subscription 
Purpose The purpose of this Offer is to provide additional working capital, procure and upgrade existing storage facilities, lubricant plants and retail outlets. 
Utilization of Proceeds  
Target Investors  

Important highlights of the issue
Par Value of each share NGN 0.50 
Authorised Share Capital 10,000,000,000 
Fully Paid Share Capital 788,787,838 
Shares Offered for Sale 199,070,721 
% of Fully Paid Shares Offered for Sale 25.24% 
Offer Price per Share NGN  250.00 
Price Earning (PE) Ratio at Offer Price  
Dividend Yield at Offer Price --

Important dates and times
Offer Open Date Thursday, Aug 21, 2008 
Offer Close Date Monday, Sep 29, 2008 
Allocation Begin Date Monday, Oct 13, 2008 
Allocations End Date Monday, Nov 24, 2008 
Results of Allocation Announced Wednesday, Nov 26, 2008 
Crediting of CDS Accounts with Shares Friday, Dec 12, 2008 
Dispatch of Share Certificates Friday, Dec 12, 2008 
Dispatch of refund checks (if applicable) Monday, Dec 01, 2008 
Commencement of Trading on Nigeria Stock Exchange Friday, Dec 19, 2008 

Advisers to the Company and the Vendors

Historical financial and Operating results
Key Numbers
Fiscal Year End 31st December
Currency -- (--)
Sales (in millions) --
1 Year Sales Growth --

Annual Income Summary (in millions except EPS data)
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EPS -- -- -- --
Total DPS -- -- -- --

Quarterly Income Summary (in millions except EPS data)
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Sales -- -- -- --
Cost of Goods -- -- -- --
Gross Profit -- -- -- --
Pretax Income -- -- -- --
Net Income -- -- -- --
Average Shares -- -- -- --
EPS -- -- -- --

Annual Balance Sheet Summary (in millions)
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Cash & Equivalents -- -- -- --
Total Current Assets -- -- -- --
Total Liabilities -- -- -- --
Share Holder Equity -- -- -- --
Long Term Debt -- -- -- --

Annual Consolidated Cash Flow (in millions)
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Net cash flows generated from (used in) in operating activities -- -- -- --
Net cash flows generated from (used in) in investing activities -- -- -- --
Net cash flows generated from (used in) in financing activities -- -- -- --

IPO Prospectus
No IPO Prospectus at this time.

In the News
Latest Company Press Releases
AP SET TO TAKE OVER THE AVIATION MARKET
African Petroleum plc - 30 May, 2006
African Petroleum Plc commissioned its multi million-naira aviation sales office, at the local depot of Murtala Mohammed airport Lagos.
Chairman's year 2006 Award Night Speech
African Petroleum plc - 07 April, 2006
On behalf of the Board of Directors, Management and staff of AP Plc, I thank you all for honouring our invitation to this occasion, which has been arranged for the purpose of recognizing some of our stakeholders, who have gone the extra mile in making AP what it is.
Maiden Press Address By The New Chairman of AP PLC
African Petroleum plc - 16 Mar, 2006
It is my pleasure to meet with you in my capacity as the Chairman of African Petroleum Plc, to make your acquaintance and to brief you on the current events in AP Plc.

Latest Company News
No Company News at this time.

Company Market Announcements
No Company Market Announcements at this time.

 
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