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Bank Windhoek goes public

Budding investor, Nathan Kashweka, receiving his prospectus from Maggy Shixungileni of Bank Windhoek Capricorn Branch.

Budding investor, Nathan Kashweka, receiving his prospectus from Maggy Shixungileni of Bank Windhoek Capricorn Branch.

Bank Windhoek Holdings Limited (BWH) announced on 15 May 2013 that the company will list all its issued ordinary shares on the Namibian Stock Exchange (NSX) on 20 June 2013. This is the largest primary listing since the establishment of the NSX.
“The BWH prospectus for the public offer was released on 16 May 2013 at 09:00 and has created wide public interest on the first day of the public offer. Today is a milestone in the history of the company and of Capricorn Investment Holdings and we are pleased that the public offer is creating such excitement amongst our clients and the general public. We take great pleasure to invite our clients, institutional investors and the general public to share in prosperity by subscribing for shares in this uniquely Namibian group of companies with their roots grounded firmly in a diverse portfolio of business interests”, said Christo de Vries, Managing Director of Bank Windhoek Holdings Limited.
The Bank said that anyone who wishes to participate in the public offer can collect a prospectus with an enclosed application form from its branches countrywide, registered stockbroking members of the NSX or the NSX itself. The prospectus can also be viewed and downloaded from the Bank Windhoek Holdings website.
Bank Windhoek said that they have dedicated and trained staff members in each of its full-service branches to assist with the completion of application forms to subscribe for shares. A step-by-step information leaflet is also available their branches that explains the process to apply and pay for shares and the documents required to accompany the application form.
The public offer closes on 13 June at 12h00. The public should take note that the final allocation of shares will only take place after 13 June 2013. All applications received by the closing date will be considered for an allocation of shares.

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