Ƶ

Public Offer Agreement for Nigeria

Public Offer Agreement Template for Nigeria

A Public Offer Agreement under Nigerian law is a comprehensive legal document that governs the public offering of securities to potential investors in Nigeria. The document must comply with the Investment and Securities Act 2007, Securities and Exchange Commission (SEC) regulations, and other relevant Nigerian legislation. It contains detailed information about the offering, including terms and conditions, company information, risk factors, and regulatory compliance requirements. The agreement serves as both a legal framework for the offering and a disclosure document for potential investors, ensuring transparency and regulatory compliance in the Nigerian capital markets.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Public Offer Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Public Offer Agreement?

The Public Offer Agreement is a crucial document used when a company wishes to offer securities to the public in Nigeria. It serves as the primary legal instrument for public offerings, whether for initial public offerings (IPOs), follow-on offerings, or other types of public securities offerings. The document must strictly comply with Nigerian securities laws, particularly the Investment and Securities Act 2007 and SEC regulations. It includes comprehensive details about the offering, the issuing company, risk factors, financial information, and regulatory compliance matters. This agreement is essential for companies seeking to raise capital from the public markets and provides potential investors with all material information needed to make informed investment decisions. The document's structure and content are heavily regulated to ensure transparency and protect investor interests in the Nigerian market.

What sections should be included in a Public Offer Agreement?

1. Parties: Identification of the offeror (company/issuer) and a general description of the target investors/offerees

2. Background: Context of the public offer, company overview, and purpose of the offering

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation

4. The Offer: Detailed description of what is being offered, including type of securities, price, and quantity

5. Offer Period: Timeline of the offer, including opening and closing dates, and any potential extensions

6. Application Process: Procedures for submitting applications, minimum subscription requirements, and payment terms

7. Allocation Policy: Rules and methodology for allocating securities in case of oversubscription

8. Payment Terms: Details of payment methods, timing, and handling of subscription funds

9. Representations and Warranties: Statements of fact and assurances from the issuer regarding the company and the securities

10. Risk Factors: Disclosure of all material risks associated with the investment

11. Rights and Obligations: Rights attached to the securities and obligations of both issuer and investors

12. Regulatory Compliance: Statements of compliance with relevant Nigerian laws and regulations

13. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes

14. Notices: Methods and requirements for official communications between parties

15. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

What sections are optional to include in a Public Offer Agreement?

1. Underwriting Arrangements: Include when the offer is underwritten, detailing the underwriter's obligations and terms

2. Lock-up Provisions: Include for IPOs or when existing shareholders are restricted from selling their shares

3. Corporate Governance: Include when offering voting shares or when corporate governance changes are part of the offer

4. Dividend Policy: Include when offering equity securities with dividend rights

5. Tax Considerations: Include when there are specific tax implications for investors

6. Foreign Investment Provisions: Include when the offer is open to foreign investors

7. Share Capital Reorganization: Include when the offer involves changes to the company's share capital structure

What schedules should be included in a Public Offer Agreement?

1. Application Form: Standard form for investors to subscribe to the offer

2. Company Financial Statements: Recent audited financial statements and financial projections

3. Corporate Information: Detailed information about the company's history, directors, and corporate structure

4. Terms of Securities: Detailed terms and conditions of the securities being offered

5. Compliance Certificates: Copies of relevant regulatory approvals and compliance certificates

6. Material Contracts: Summaries of material contracts affecting the offer

7. Valuation Reports: Independent valuation reports if applicable

8. Pro Forma Financial Information: Financial information showing effect of the offer on the company

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Nigeria

Publisher

Ƶ

Document Type

Purchase Agreement

Cost

Free to use
Relevant legal definitions










Clauses













































Relevant Industries

Financial Services

Banking

Capital Markets

Technology

Telecommunications

Manufacturing

Real Estate

Energy

Healthcare

Consumer Goods

Infrastructure

Agriculture

Mining

Oil & Gas

Transportation

Education

Relevant Teams

Legal

Finance

Compliance

Corporate Secretariat

Investor Relations

Corporate Communications

Treasury

Risk Management

Corporate Development

Board Secretariat

Regulatory Affairs

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Legal Officer

Company Secretary

Corporate Finance Director

Investment Banker

Legal Counsel

Compliance Officer

Risk Manager

Financial Controller

Corporate Communications Director

Investor Relations Manager

Board Director

Securities Lawyer

Investment Manager

Corporate Treasury Manager

Regulatory Affairs Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Investment Agreement Between Individual And Individual

A Nigerian law-governed agreement establishing investment terms and conditions between two individuals, including investment amount, returns, rights, and obligations.

find out more

Bike Purchase Agreement

A Nigerian law-governed agreement for the sale and purchase of a bike, outlining terms, conditions, and ownership transfer requirements.

find out more

Automobile Purchase Agreement

A Nigerian law-governed agreement for the sale and purchase of an automobile, detailing vehicle specifications, price, and ownership transfer terms.

find out more

Agreement Of Purchase

A Nigerian law-governed agreement that documents the terms and conditions for the sale and purchase of goods, assets, or property between parties.

find out more

Vehicle Purchase Agreement Form

A Nigerian law-governed agreement that formalizes the sale and purchase of vehicles, including essential terms and conditions for ownership transfer.

find out more

House Offer To Purchase

A formal offer document under Nigerian law outlining terms and conditions for purchasing residential property, including price and essential transaction details.

find out more

Equity Investment Contract

A Nigerian law-governed agreement documenting terms and conditions for equity investment in a company, including share allocation, shareholder rights, and protective provisions.

find out more

Letter Of Intent To Purchase Goods

A preliminary document under Nigerian law outlining the proposed terms for purchasing goods, serving as a framework for negotiating a final purchase agreement.

find out more

Agreement For Advance Payment For Purchase Of Land

Nigerian law-governed agreement documenting terms and conditions for advance payment in land purchase transactions, securing parties' interests before final property transfer.

find out more

Contract For Selling A Car With Payments

A Nigerian law-governed agreement for the sale of a vehicle with installment payments, detailing vehicle specifications, payment terms, and ownership transfer conditions.

find out more

Agreement For Advance Payment For Purchase Of House

A Nigerian legal agreement governing advance payments for house purchases, detailing payment terms and property transfer conditions under Nigerian law.

find out more

Shares Agreement

A Nigerian law-governed agreement establishing terms for share ownership, transfer, and shareholder rights within a company under CAMA 2020.

find out more

Car Lease To Own Agreement

A Nigerian law-governed agreement establishing terms for vehicle lease-to-own arrangements, including payment terms and ownership transfer conditions.

find out more

Equipment Purchase Contract

Nigerian law-governed agreement for equipment purchase, detailing specifications, price, warranties, and compliance requirements.

find out more

Business Sale Contract

A Nigerian law-governed agreement for the sale and purchase of a business, detailing transaction terms, warranties, and completion requirements.

find out more

Public Offer Agreement

A legally binding agreement governing public securities offerings in Nigeria, compliant with Nigerian securities laws and SEC regulations.

find out more

Buyback Agreement

A Nigerian law-governed agreement establishing terms for repurchasing assets, securities, or goods previously sold, ensuring compliance with local regulatory requirements.

find out more

Vehicle Hire Purchase Agreement

A Nigerian law-governed agreement for the purchase of vehicles through installment payments, with ownership transferring upon final payment.

find out more

Lease Agreement With Option To Purchase

Nigerian law-governed agreement combining property lease terms with a purchase option, establishing rights and obligations for both rental period and potential property acquisition.

find out more

Home For Sale By Owner Contract

A legal contract for direct property sale between private parties in Nigeria, compliant with Nigerian property law and the Land Use Act.

find out more

Bike Hire Purchase Agreement

A Nigerian law-governed agreement for the purchase of a bike through installment payments, with ownership transferring upon final payment.

find out more

Artwork Purchase Agreement

A Nigerian law-governed agreement for the sale and purchase of artwork, including authenticity, payment terms, and cultural property compliance requirements.

find out more

Aircraft Sale Agreement

A Nigerian law-governed agreement for the sale and transfer of aircraft ownership, complying with NCAA regulations and civil aviation requirements.

find out more

Agreement For Advance Payment For Purchase Of Goods

Nigerian law-governed agreement establishing terms for advance payment in goods purchase, including payment protection measures and delivery requirements.

find out more

Personal Property Purchase Agreement

A Nigerian law-governed agreement documenting the sale and purchase of personal property, specifying terms, conditions, and parties' rights and obligations.

find out more

Option To Purchase Contract

A Nigerian law-governed agreement granting exclusive rights to purchase specified property at a predetermined price within an agreed timeframe.

find out more

Non Binding Letter Of Intent To Purchase Product

A non-binding document under Nigerian law expressing formal interest in purchasing specific products, outlining basic terms and conditions for potential transaction.

find out more

Dealer Purchase Agreement

A Nigerian law-governed agreement establishing terms between supplier/manufacturer and dealer for product distribution and resale within specified territories.

find out more

Cross Purchase Agreement

A Nigerian law-governed agreement establishing terms for business owners to purchase each other's interests upon specific triggering events.

find out more

Asset Purchase Form

A standardized form for asset purchases in Nigeria, ensuring legal compliance and proper transfer of ownership between parties.

find out more

Seller Financed Purchase Agreement

A Nigerian law-governed agreement where the property seller provides purchase financing to the buyer, combining sale and loan terms.

find out more

Real Estate Contract Agreement

A Nigerian law-governed agreement for the sale and purchase of real estate property, ensuring compliant transfer of ownership and detailing all sale terms and conditions.

find out more

Offer To Purchase And Contract

A Nigerian law-governed document combining property purchase offer and sale agreement, detailing terms and conditions for real estate transactions.

find out more

Letter Of Intent To Buy A Business

A preliminary document under Nigerian law outlining the proposed terms and conditions for acquiring a business, serving as a framework for future negotiations.

find out more

Letter Of Intent For Purchase Order

A preliminary document under Nigerian law that outlines the intention to enter into a formal purchase agreement, detailing key terms and conditions of the proposed transaction.

find out more

High Purchase Agreement Form

A Nigerian law-governed agreement enabling purchase of goods through installments, with ownership transferring upon final payment.

find out more

Basic Real Estate Contract

A standardized real estate sale agreement template compliant with Nigerian law, facilitating property transfers between parties.

find out more

Commercial Property Sale Agreement

A Nigerian law-governed agreement for the sale and purchase of commercial property, ensuring legal compliance and protecting both parties' interests.

find out more

Purchase Agreement For Car Loan

A Nigerian law-governed agreement combining vehicle purchase and loan financing terms, establishing rights and obligations for vehicle acquisition through financial institution funding.

find out more

Car Dealer Purchase Agreement Form

A Nigerian law-governed agreement between a car dealer and purchaser for the sale and purchase of a vehicle, including key terms and conditions.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it