Offer for Subscription

Up to 4,100,000,000 Ordinary Shares of US$0.000013 each in Dangote Petroleum Refinery and Petrochemicals FZE, at ₦525.00 per Offer Share, payable in full on application.

Offer opens14 September 2026
Offer closes13 October 2026
Minimum subscription26,250,000.00
Dangote Petroleum Refinery

Lead Issuing House

Vetiva Advisory Services LimitedRC 1804609

Joint Issuing Houses

FirstCap LimitedRC 446599
Stanbic IBTC Capital LimitedRC 1031358
Chapel Hill Denham Advisory LimitedRC 1381308
Absa Capital Markets Nigeria LimitedRC 1383925
Afrinvest Capital LimitedRC 1706693
CardinalStone Partners LimitedRC 739441
Comercio Partners Capital LimitedRC 1376952
Cordros Advisory Services LimitedRC 1583596
Coronation Merchant Bank LimitedRC 207138
Cowry Asset Management LimitedRC 617327
Ecobank Development Company LimitedRC 440370
FCMB Capital Markets LimitedRC 446561
Finmal Finance Services LimitedRC 105859
First Ally Advisory LimitedRC 1833044
FSDH Capital LimitedRC 276208
Futureview Financial Services LimitedRC 217005
Greenwich Capital Markets LimitedRC 8487395
Meristem Capital LimitedRC 1297664
Quantum Zenith Capital & Investments LimitedRC 639491
Quest Merchant Bank LimitedRC 264978
Rand Merchant Bank Nigeria LimitedRC 1031371
Renaissance Securities (Nigeria) LimitedRC 689573
SCM Capital LimitedRC 499243
Tiddo Securities LimitedRC 155716
United Capital PlcRC 444999

THIS INVESTOR APPLICATION FORM IS INTENDED SOLELY FOR USE BY QUALIFIED INVESTORS, AS DEFINED IN THE PROSPECTUS, AND ELIGIBLE AFRICAN INVESTORS EXPRESSLY PERMITTED TO DO SO BY THE RELEVANT FINANCIAL INTERMEDIARY. APPLICATIONS MADE THROUGH THIS INVESTOR APPLICATION FORM MUST BE FOR A MINIMUM SUBSCRIPTION OF 50,000 OFFER SHARES. APPLICATIONS BELOW THIS THRESHOLD MAY BE REJECTED

Applications must be in accordance with the instructions set out in the Prospectus. Care must be taken to follow these instructions as applications that do not comply may be rejected. Before subscribing, please contact your Stockbroker, Solicitor, Banker or an independent investment adviser registered by the Securities and Exchange Commission, for guidance. By signing, completing and submitting this Application Form, you are indicating your legally binding acceptance of the issuer's invitation to subscribe under the Offer, at the Offer Price, for the number of Offer Shares set out in the relevant section of the Application Form, on the terms set out in the Prospectus and this Application Form. You are required to pay for your Offer Shares in full at the time of the Application.

EligibilityStep 1 of 5

Who is applying?

This determines which details the form asks you for.

Qualified investor category

This Offer is open only to Qualified Investors as defined in the Prospectus, and to Eligible African Investors expressly permitted by the relevant financial intermediary. Select the category that applies to you.

Declarations

All declarations must be accepted before your application can be submitted.