FSG to delist from BSE

In a notification to the Botswana Stock Exchange (BSE), Botswana Life Insurance Limited, Flip Coin, Kate Maphage, Petronella Matumo and Tebelelo Seretse, who together jointly hold 75.35% of FSG, said they are seeking to purchase the remaining 24.65% shareholding for P83 million.

“The offerors have given to the board of the company a formal notice of an offer to purchase all the ordinary issued shares in the company currently not held by them. This will enable those shareholders wishing to sell to exit their shareholding in the company by reason of the fact that its shares will be delisted from trading on the BSE.