Namibia: Standard Bank shares IPO oversubscribed

ALL Namibian individuals and small investors who applied for partial ownership in Standard Bank Holding Bank Namibia will be allocated the shares they applied for, the bank has said.
1M | 3M | YTD | 1Y | 2Y |
-1.62% | +4.22% | -1.74% | +0.54% | +8.39% |
ALL Namibian individuals and small investors who applied for partial ownership in Standard Bank Holding Bank Namibia will be allocated the shares they applied for, the bank has said.
STANDARD Bank Namibia is going public, seeking to list about 16% of its shareholding on the Namibian Stock Exchange on 15 November this year.
Alpha Namibia Industries Renewable Power Limited (ANIREP) was listed on the Namibia Stock Exchange (NSX) development board on Thursday. It has become the second Capital Pool Company (CPC) and the first Alternative Electricity Company on the bourse.
Offers to buy shares in Letshego Namibia continue to be received ahead of the close of the offer period on September 22. Millions have already been raised in this historic Initial Product Offering (IPO), with people across Namibia showing incredible appetite to invest in Letshego Namibia shares.