BGFI Holding Cameroon: Launches CFA80.6 Billion Share Offering

• BGFI Holding Corporation is seeking to raise CFA80.558 billion through a second public share offering.
• The offering, running from September 15 to October 15, 2026, involves 1,006,975 new shares priced at CFA80,000 each.
• If fully subscribed, the transaction will increase BGFI Holding’s total shares to 15,735,360 and raise public ownership from 3.85% to 10%.
• The share capital will increase by CFA10.06975 billion, with the remaining CFA70.488 billion from the offering attributed to share premium.
• Terms for this capital increase were approved on June 25, 2025, and published in BGFIBank’s 2025 integrated report.

The successful completion of this offering would elevate the publicly held portion of BGFI Holding’s capital from 3.85% to a targeted 10%.

BGFI Holding Corporation, the parent entity of the BGFIBank Group, has launched its second public share offering with the ambitious goal of securing CFA80.558 billion. This initiative is a critical step towards fulfilling the company's strategy to allocate 10% of its total capital to public ownership. The subscription window for this significant capital raise is set to open on September 15, 2026, and will conclude on October 15, 2026, providing a month-long period for investors to participate.

The offering involves the issuance of 1,006,975 new shares, each priced at CFA80,000. Should the offering be fully subscribed, it will substantially increase the total number of shares in circulation from the current 14,728,385 to 15,735,360. This expansion in share count is directly tied to the company's objective of broadening its public shareholder base and enhancing its presence on the financial market.

While the offering aims to raise CFA80.558 billion, it is important to note that not all of this amount will directly contribute to BGFI Holding’s share capital. Each new share carries a nominal value of CFA10,000, but the issue price is set at CFA80,000. The difference of CFA70,000 per share constitutes a share premium, a common mechanism in capital markets.

Consequently, the transaction is projected to increase the company's share capital by CFA10.06975 billion, elevating it from CFA147.284 billion to CFA157.354 billion. The remaining CFA70.488 billion generated from the offering will be accounted for as share premium. These financial terms were formally approved during BGFI Holding’s general meeting held on June 25, 2025, and were subsequently detailed in BGFIBank’s integrated report for 2025, providing transparency on the capital restructuring.

This BGFI Holding Cameroon CFA80.6 billion share offering is pivotal for the company's ownership structure. Currently, the publicly held portion of BGFI Holding’s capital stands at 3.85%. A successful and fully subscribed offering would see this percentage rise significantly to the targeted 10%, marking a substantial shift towards greater public participation in the company's equity.

For the Cameroon financial market, this BGFIBank Group public offering represents a major capital raising event and a notable investment opportunity. It underscores BGFI Holding's commitment to completing its 10% capital placement strategy, potentially attracting new investors and deepening the liquidity of its shares. The CFA80,000 BGFI share price reflects the company's valuation and strategic intent in this significant capital increase within Cameroon's financial landscape.

Lawyers advising clients on capital markets, investment strategies, or financial regulatory compliance in Cameroon should be aware of this significant public share offering by BGFI Holding, as it represents a major capital raising event and potential investment opportunity within the region's financial sector.

Source: Reporting based on corporate financial disclosures.