You should not ignore that mail if you are interested in increasing your shares in Dangote Sugar Refinery Plc. What you received is a Rights Issue offer — meaning the company is giving existing shareholders the first opportunity to buy additional shares at a discounted price before outsiders. In this case, the offer price is ₦60 per share.
The offer is based on:
2 new shares for every 3 shares you already own
Only shareholders who held shares as at April 20, 2026 qualify.
Now, your real problem is not the offer itself — it is the application process through Bamboo.
What Is Happening
Because Bamboo is a digital broker, many Nigerian corporate actions like:
Rights Issues
Public Offers
Takeovers
E-dividend mandates
sometimes still require:
physical forms,
signatures,
CSCS processing,
registrar/broker handling.
That is why they emailed you a form.
What You Need To Do
Step 1 — Print or Fill the Form Digitally
The form usually asks for:
Your name
CSCS number
CHN
Number of shares you want
Bank/payment details
Signature
Step 2 — Tick the Appropriate Boxes
Normally there are boxes like:
Accept full rights
Accept part of rights
Apply for additional shares
Renounce rights
Most shareholders simply: ✅ tick “Accept Full Rights”
unless they want more or fewer shares.
Step 3 — Sign the Form
You can:
sign physically after printing, OR
use a digital signature/PDF signing app.
Apps like:
Adobe Fill & Sign
Xodo PDF
WPS Office
can do this on Android.
Step 4 — Submit Through Bamboo Support
This is the most important part.
Even if there is no upload button inside the app, brokers usually handle these manually through customer support.
You should immediately contact:
Bamboo in-app support
Their email support
and ask:
“How do I submit my completed Dangote Sugar Rights Issue form and payment evidence?”
Usually they will request:
completed form,
proof of payment,
and may process it internally through their brokerage partner.
Step 5 — Payment
Rights issues are NOT usually deducted automatically from your wallet.
You often must:
transfer the money,
or fund your brokerage balance,
then submit proof.
Do not assume Bamboo will automatically debit your account.
Very Important
There is always a deadline.
The current Dangote Sugar rights issue reportedly closes around late June 2026
If you delay too much:
you may lose the right,
and unused shares may be offered to other investors.
What If You Do Nothing?
If you ignore the offer:
you keep your existing shares,
but your ownership percentage becomes diluted,
because new shares are being created.
That is why many investors participate.
Important Advice Before You Proceed
Check:
how many shares you currently own,
how much the total payment will cost,
whether you truly want more exposure to Dangote Sugar.
Do not buy simply because it is “discounted.”
Rights issues can be good opportunities, but they also happen because companies want fresh capital.
In Dangote Sugar’s case, the funds are reportedly for:
expansion,
debt reduction,
and operational strengthening.
What You Should Do Immediately
Open the email again
Download the form
Fill and sign it
Contact Bamboo support TODAY
Ask specifically:
where to submit,
how to pay,
and whether Bamboo handles the process directly.
You are not losing the privilege yet — but rights issues are time-sensitive, so act early.