{"id":1020828,"date":"2023-05-12T08:57:35","date_gmt":"2023-05-12T08:57:35","guid":{"rendered":"https:\/\/fmdqgroup.com\/exchange\/fmdq-exchange-admits-the-hartleys-supermarket-store-limited-commercial-paper-on-its-platform\/"},"modified":"2023-05-12T08:57:35","modified_gmt":"2023-05-12T08:57:35","slug":"fmdq-exchange-admits-the-hartleys-supermarket-store-limited-commercial-paper-on-its-platform","status":"publish","type":"post","link":"https:\/\/fmdqgroup.com\/exchange\/fmdq-exchange-admits-the-hartleys-supermarket-store-limited-commercial-paper-on-its-platform\/","title":{"rendered":"FMDQ Exchange Admits the Hartleys Supermarket & Store Limited Commercial Paper on its Platform"},"content":{"rendered":"
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Committed to the continuous development of the Nigerian financial markets, in collaboration with market stakeholders, FMDQ Securities Exchange Limited (\u201cFMDQ Exchange<\/strong>\u201d or the \u201cExchange<\/strong>\u201d), a wholly owned subsidiary of FMDQ Group, has through its Board Listings, Markets and Technology Committee, approved the registration of the Hartleys Supermarket & Stores Limited \u20a65.00 billion Commercial Paper (\u201cCP\u201d) Programme<\/strong> and quotation of the \u20a60.62 billion Series 1 CP under its \u20a65.00 billion CP Issuance Programme<\/strong> on its platform.<\/p>\n

Hartleys Supermarket & Store Limited (the \u201cIssuer<\/strong>\u201d) is a world-class brand that is driven by the
\ncommitment to deliver the ultimate shopping experience to its customers by offering a wide variety of
\nthe freshest and highest quality products at competitive prices, through exceptional customer service,
\nacross its various store locations. The quotation of the Series 1 CP, sponsored by United Capital PLC \u2013 a Registration Member (Quotations) of FMDQ Exchange, strategically positions the Issuer to raise finance for its general corporate purposes from the Nigerian debt markets. Through this quotation, the Issuer will not only benefit from the Exchange\u2019s robust platform but also gain access to a wide range of qualified institutional investors.<\/p>\n

The registration of the Hartleys Supermarket & Stores Limited CP Programme, as the fourth (4th) on the Exchange\u2019s platform in 2023 and the subsequent quotation of its Series 1 CP, validates its conscious drive to support the goals of corporate businesses and to deepen the Nigerian debt markets by steadfastly availing its efficient platform for the registration, listing and quotation of debt securities. As an Exchange positioned to bring about revolutionary changes in the Nigerian debt markets, FMDQ Exchange will continue to provide a dynamic and innovative platform for capital formation, offering institutions the support required to positively impact their sectors and the overall economy.<\/p>\n

FMDQ Group is Africa\u2019s first vertically integrated financial market infrastructure (\u201cFMI<\/strong>\u201d) group,
\nstrategically positioned to provide registration, listing, quotation and noting services; integrated trading, clearing & central counterparty, settlement, and risk management for financial market transactions; depository of securities, as well as data and information services, across the debt capital, foreign exchange, derivatives and equity markets, through its wholly owned subsidiaries \u2013 FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited. As a sustainabilityfocused FMI group, FMDQ Group, through FMDQ Exchange, operates Africa\u2019s premier Green Exchange \u2013 FMDQ Green Exchange \u2013 positioned to lead the transition towards a sustainable future.<\/p>\n

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