Dangote Cement Plc has announced plans to host a Capital Markets Day on September 21, 2026, in London as it moves closer to securing a secondary listing on the London Stock Exchange (LSE).
In a regulatory filing with the Nigerian Exchange Limited signed by Company Secretary Edward Imoedemhe, the firm confirmed that the upcoming briefing follows a May 12 corporate update and formal shareholder approval for the dual listing. The event will give international investors, financial analysts, and key stakeholders direct access to senior executives to discuss operational performance, strategic initiatives, and core business priorities, with presentation materials and logistics to be released ahead of time in accordance with disclosure rules.
The move marks the culmination of a long-standing ambition championed by founder Aliko Dangote. Although previous attempts to float on the LSE were delayed by regulatory hurdles and heavy capital commitments toward major infrastructure projects including the $20bn Dangote Petroleum Refinery the initiative gained fresh momentum after the UK Financial Conduct Authority revised listing rules for overseas issuers. Shareholders subsequently authorized the plan at the company's July 2026 annual general meeting, empowering the board to offer up to a 10% equity stake to global institutional investors. London was selected over alternative hubs like Dubai due to its deep liquidity pools and aligned reporting standards, giving foreign investors direct currency-hedged exposure to Sub-Saharan Africa’s largest cement producer without facing local foreign exchange constraints.
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As the most capitalized stock on the NGX, Dangote Cement currently operates manufacturing and grinding plants across 10 African nations, maintaining an installed capacity exceeding 55 million metric tonnes per annum with plans to reach 80 to 100 Mta by 2030. The upcoming roadshow also follows recent boardroom changes, including the appointment of Mariya Dangote to the board following Aliko Dangote’s exit from the cement board. Upon completion of the transaction, Dangote Cement will join other major Nigerian-linked firms with secondary listings in London, such as Seplat Energy Plc, Airtel Africa Plc, and Guaranty Trust Holding Company Plc.
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