BTCL shares sale opens Monday

Tuesday, January 05, 2016

Window of opportunity: Investors can buy a minimum of 1000 BTCL shares

A total of 462 million Botswana Telecommunications Corporation Limited (BTCL) shares will on Monday (January 11) float on the market at a price of P1 each, marking the first step in closing the country’s first privatisation process.

Under the company’s Initial Public Offer (IPO), Batswana and citizen owned companies are eligible to buy a minimum of 1000 shares translating to P1, 000.

No transactions cost will be levied on the buyers, although investors are required to open a Central Securities Depository (CSD) account with the Botswana Stock Exchange (BSE).

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BTCL shares sale opens Monday

A total of 462 million Botswana Telecommunications Corporation Limited (BTCL) shares will on Monday (January 11) float on the market at a price of P1 each, marking the first step in closing the country’s first privatisation process.

Explore

More

Selefu

World Athletics Championships coming to Africa

Man fatally burns in Selebi-Phikwe house fire

Man carrying baby dies whilst crossing Taung road

Young girl perishes in Ledumadumane collision

Driver dies in Gabane head-on collision

Young woman dies in Metsimotlhabe crash

Castle Lite, Let's Pacers team up to unlock Botswana

The Boko-led administration has to tread carefully