ABSA Bank Botswana to list more linked units on BSE

ABSA Bank of Botswana Limited listed on the Botswana Stock Exchange under the Banking sector say they have applied to the BSE to approve the listing of the 13,767,297 new linked units. The bank is a public company listed on the Botswana Stock Exchange and domiciled in Botswana. ABSA Bank of Botswana Limited have applied to the Botswana Stock Exchange to…

ABSA Bank of Botswana Limited listed on the Botswana Stock Exchange (BSE) under the Banking sector say they have applied to the BSE to approve the listing of the 13,767,297 new linked units.

It is anticipated the new linked units will be listed on the BSE on November 22, 2022. This means that the number of issued linked units will increase from 460,336,206 to 474,103,503.

The bank is a public company listed on the Botswana Stock Exchange and domiciled in Botswana. The Bank is primarily involved in the provision of commercial retail and wholesale banking and auxiliary services. Absa Insurance Services Proprietary Limited is an insurance agent which earns fees from referral of life and non- life insurance products. Absa Securities Botswana Proprietary Limited is a securities business that provides mergers and acquisition and other investment banking advisory services

The company said this in response to the offer by the company of scrip in lieu of 100 per cent of the distribution (of dividend and interest) on linked units, declared in respect of the year ending June 30, 2022. The offer closed on November 4, 2022.

•ABSA Bank of Botswana Limited have applied to the Botswana Stock Exchange (BSE) to

The post ABSA Bank Botswana to list more linked units on BSE appeared first on The Exchange.

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