Terms of Service & Payment Conditions

Detailed guidelines, pricing framework, payment options, and legal terms governing the subscription and pre-order of Dangote Petroleum Refinery shares on Patmus Markets.

Last updated: October 2026•Effective Version 2.0•Document Ref: IPO-TOS-2026-NG

Share Price

₦525

Per share • Min 10 shares

Payment Options

Full or Deposit

Pay ₦525 full or ₦100 deposit

Balance Deadline

Oct 31, 2026

For security deposit option

ID Verification

BVN Only

Instant official match

Overview

1. Introduction & Overview

These Terms of Service (“Terms”) establish the contractual framework governing your participation in the Dangote Petroleum Refinery Share Pre-order & Reservation Initiative. This program is hosted and facilitated by Immortal Statisense Ltd (operating as Patmus Markets) in strategic partnership with participating Nigerian corporate institutions and registered capital market intermediaries.

By proceeding with your Dangote IPO subscription, inputting your personal information, or completing payment on Patmus, you confirm that you have read, understood, and agreed to be bound by these Terms, our general Privacy Policy, and relevant regulatory directives of the Securities and Exchange Commission (SEC) of Nigeria.

Key Purpose: This initiative is structured to expand financial inclusion and democratize access for everyday retail investors across Nigeria to acquire pre-allocated equity shares in the Dangote Petroleum Refinery on accessible payment terms.

Payment Options

3. Payment Options

Subscribers on Patmus may choose between two transparent payment options:

Option 1100% Upfront

Pay in Full

You pay the full subscription amount upfront. For example, 10 shares require a total payment of ₦5,250.

Upfront payment (10 shares):₦5,250

Outstanding balance:₦0 (None)

Option 2Partial Deposit

Security Deposit

You may secure your shares by paying ₦100 per share upfront, subject to the minimum subscription of 10 shares.

10 shares → Security deposit:₦1,000

Total share value:₦5,250

Balance payable:₦4,250

The outstanding balance must be paid on or before October 31, 2026.

Balance Payment

4. Balance Payment

For subscriptions made under the Security Deposit Option, your outstanding balance must be fully paid on or before October 31, 2026.

Payment Deadline: October 31, 2026

Your subscription will only be completed upon receipt of the required balance. Patmus will provide automated account notifications, SMS, and email alerts prior to the settlement deadline.

0% Interest Guarantee: The deferred balance carries strictly zero percent (0%) interest. There are no hidden fees, interest charges, compounding fees, or service markups.

Forfeiture Policy

5. Forfeiture of Security Deposit

Strict Policy

Default & Forfeiture Consequences

If the outstanding balance is not paid in full by October 31, 2026, the subscription will not be completed and the security deposit paid will be forfeited.

No refund of the security deposit will be due in this circumstance.

Confirmation

6. Confirmation

By clicking “I Agree & Continue” (or proceeding with your payment), you confirm that:

•You understand the payment option you have selected;
•You understand the amount payable upfront and any outstanding balance;
•You understand the October 31, 2026 payment deadline; and
•You accept that failure to pay the outstanding balance by the deadline will result in forfeiture of your security deposit.

Please review your subscription details carefully before proceeding with payment.

KYC Requirements

7. Eligibility & Identification (KYC)

To comply with applicable regulatory guidelines and Know-Your-Customer (KYC) standards, every applicant must satisfy the following verification criteria:

Requirement 1

Official Identification Match (BVN Only)

The first and last name provided during registration must strictly correspond with the applicant’s Bank Verification Number (BVN) records. BVN is the sole identification credential collected for identity validation.

Requirement 2

Accurate Contact Coordinates

You must supply a verified phone number and valid email address. Critical subscription notices, transaction confirmations, and balance payment reminders will be dispatched through these channels.

Risk Disclosures

8. Investment Risks & Statutory Disclaimers

Statutory Risk Warning

All equity investments, including initial public offerings and pre-listing allocations, involve inherent risk. Share prices may fluctuate, and past corporate growth or operational projections do not guarantee future dividend yields or capital appreciation. You should invest capital only after evaluating your risk tolerance.

No Financial Advice: The material, calculators, and information on this portal do not constitute personalized financial, tax, or investment advice. Investors are encouraged to review the formal Dangote Petroleum Refinery IPO Prospectus published by the issuing houses and accredited stockbrokers.

Regulatory Clearance: All transactions and share certificates are facilitated in strict conformity with Nigerian capital market regulations, registered custodians, and the rules of the Nigerian Exchange (NGX) and SEC.

Data Protection

9. Data Privacy & Confidentiality

Immortal Statisense Ltd adheres strictly to the Nigeria Data Protection Act (NDPA) and international data integrity standards:

•

Your personal information (name, phone number, email address, and Bank Verification Number / BVN) is collected solely for identity validation, security authentication, and share subscription records.

•

All sensitive customer data is transmitted using modern TLS 1.3 encryption and stored in secure, SOC2-compliant cloud infrastructure.

•

We never sell or distribute your private investor information to unauthorized third-party commercial marketing entities. For complete details, please inspect our complete Privacy Policy.

Legal Jurisdiction

10. Governing Law & Dispute Resolution

These Terms of Service are governed by and construed in accordance with the substantive laws of the Federal Republic of Nigeria.

In the event of any query, dispute, or claim arising from or relating to this reservation campaign, the parties shall first endeavor in good faith to resolve the matter through amicable consultation with Patmus Support. If unresolved after 30 days, the dispute shall be submitted to the exclusive jurisdiction of the competent courts of Lagos State, Nigeria.

Support

11. Contact & Support Channels

For questions regarding your subscription status, payment options, or balance settlement details, our dedicated support team is available:

Email Inquiries

support@patmus.co

Average response time: < 2 business hours

Help & Support Center

patmus.co/help

FAQs, troubleshooting & platform guides

Ready to secure your Dangote Refinery shares?

Subscribe today: Pay in full at ₦525 per share or secure your allocation with a security deposit of ₦100 per share with balance payable on or before October 31, 2026.

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