Business

BIHL in closed period

In a statement to the Botswana Stock Exchange, BIHL said that preparation of the June 2014 half-year results has started and in line with good corporate governance and compliance with BSE rules, the company has declared a closed period from July 1, 2014 to August 29, 2014. Before this period, members of the board and staff of BIHL are expected to have finalised dealings in BIHL shares as it could be implied that they may be aware of price sensitive unpublished information. According to BIHL, unpublished price sensitive material relates to information affecting the company, which if released, is likely to affect the company’s share price.  BIHL, which has 281 million listed shares on the BSE, closed Wednesday’s trading at 1,120 thebe.