BTCL IPO Roadshow to engage Batswana nationwide

By John Churu, Gaborone, Botswana

The BTCL IPO Offer period opened on Monday 11th January 2016. All Batswana are being engaged to encourage them to participate in this historic opportunity. To aid in educating those who may never have bought shares, a Nationwide Public Education Roadshow will kick off on the 18th of January 2016.

The Roadshow will be held from 18thJanuary 2016 until 27thFebruary 2016 and will cover the following locations.

Mahalapye

18/01/2016

Hukuntsi

10/02/2016

Palapye

19/01/2016

Kang

11/02/2016

Serowe

20/01/2016

Middlepits

13/02/2016

Letlhakane

21/01/2016

Tsabong

15/02/2016

Bobonong

23/01/2016

Middlepits

13/02/2016

SelibePhikwe

25/01/2016

Makopong/Werda

16//02/2016

Tonota

26/01/2016

Jwaneng

18/02/2016

Francistown

27-28/01/2016

Kanye

19/02/2016

Masunga

29/01/2016

Lobatse

20/02/2016

Tutume

30/01/2016

Goodhope

22/02/2016

Nata

1/02/2016

Ramotswa

23/02/2016

Kasane

2/02/2016

Thamaga/Thamaga

24/02/2016

Maun

4/02/2016

Molepolole

25/02/2016

Shakawe

6/02/2016

 

 

Ghanzi

8/02/2016

 

 

Details of when and where the roadshow will take place in each of these venues will be shared publicly. Prospective investors are encouraged to follow local media outlets for publication of these details, and are further encouraged to attend Roadshows at their most convenient location.

Paul Taylor, Managing Director of BTCL said, “This momentous time comes off the back of years of hard work, and we are excited to deliver this historical opportunity to Batswana. With something of this magnitude, there is a need for awareness and understanding to be created. The public education roadshow serves as one of many platforms that seek to deliver this. We encourage Batswana to come out and be a part of the biggest investment opportunity to date in our Nation’s history. The BTCL IPO is here and it belongs to us all.”

The BTCL IPO is underpinned by Government’s desire to empower Botswana citizens and citizen owned entities to own national assets, with 49% of shares for sale available through the IPO. 44% of shares will be available for sale with 5%reserved for citizen employees in the form of an employee trust. Shares are priced at P1.00 each, with a minimum Offer of 1,000 shares. After that, increments of 100 shares will be accepted.

Information on the BTCL IPO is contained within the BTCL IPO Prospectus, which can be found online at www.btc.bw, www.peepa.co.bw, www.bse.co.bw and www.gov.bw. Copies will also be available at all BTCL and Barclays Bank Branches from 11 January 2016 onwards, as well as select branches of BotswanaPost and Choppies, and the offices of Stockbrokers Botswana, the sponsoring broker. Application forms are contained within. Applications are being received at all Barclays Bank branches between 09h00 11th January 2016 and 17h00 04th March 2016.

 

 

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