ECOBANK Group to increase capital base by US$ 2.5 billion

27/08/2008
ECOBANK Group to increase capital base by US$ 2.5 billion

Ecobank Transnational corporated (ETI), which is based in the Togolese capital, Lome, will increase by US$ 2.5 billion its capital, thank s to a transaction of the Group's shares officially launched Monday, the Managing

Director Ecobank-Togo, Roger Dah-Achinanon announced..Mr. Da-Achinanon indicated that the shares were about the most important stock e xchange transactions of the year "by virtue of its stature and stakes", specifyi n g that the offer consists of issuing preferential rights of subscription and sal e of 8.880.259.309 ordinary shares.

He added that the offer aims at allowing transnational Ecobank corporated (ETI) to raise additional capital to support its development projects and consolidate i ts growth.

The sales were approved by the regulatory authorities of the financial markets o f Ghana and Nigeria as well as those of the West African Economic and Monetary U nion (UEMOA).

According to the details provided to the press, 3.763.759.981 ordinary shares ha ve been put at the disposal of the shareholders, with each share being sold at t h e price of US$ 0,27; with a share of five new shares for nine old ones held as a t 18 August, while 5.116.499.328 new shares have been offered to the public at th e price of US$ 0,29.

The opffers which opened Monday, 25 August in the Africa area, will last till 3 October.

Established over 20 years ago, Ecobank exists in 25 western, central, eastern an d southern African countries.

 

Commentaires

Loading comments ...

Loading comments ...

IL NE FALLAIT PAS MANQUER

Le Roy : 'Adebayor est très important pour nous'

Sport

Adebayor a été incroyablement physique contre la Côte d’Ivoire. Claude Le Roy ne tarit pas d'éloges sur le capitaine des Eperviers.

Eléphants et Eperviers se séparent sur un nul

Sport

Le Togo et la Côte d’Ivoire ont fait match nul lundi à Oyem (0-0). La CAN commence bien pour les Eperviers.

Les raisons de la mort violente d'une Togolaise à Washington

Faits divers

Le meurtrier présumé de Waliyatou Amadou, une jeune togolaise de 23 ans poignardée à mort à Washington, est sous les verrous.

Les Eperviers sont motivés à bloc

Sport

Les Eperviers ont quitté Lomé vendredi matin pour Libreville Ils affronteront le 16 janvier la Côte d’Ivoire dans le cadre de la Coupe d’Afrique des Nations (CAN).