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

Subventions US aux ONG togolaises

Santé

Le Fonds des ambassadeurs pour l’Afrique de l’Ouest (WAAF) est un dispositif initié par les Etats-Unis, via USAid, destiné à améliorer la santé de la population.

Le vivre ensemble passe par les cultures

Diaspora

lLa Semaine de l’intégration africaine se poursuit à Lomé. Mercredi, les participants ont pu assister à animations culturelles.

Erreurs de jeunesse

Social

Kondé Sangbana, le président du Conseil national du dialogue social (CNDS), a rappelé mercredi le rôle primordial de l’institution qu’il dirige pour régler les conflits.

Fonctionnement de la justice perturbé

Justice

Le fonctionnement de la justice est perturbé depuis le début de la semaine par une grève des greffiers qui réclament une amélioration de leur condition de vie et de travail.