Puma Announces Sale Of 20% Stake To BPOPF :: Mmegi Online

Puma Energy, the global mid and downstream energy company, on Friday announced the sale of ordinary shares in Puma Energy Botswana to the Botswana Public Officers’ Pension Fund (BPOPF), introducing more Batswana citizens into the ownership structure of Puma Energy Botswana.

The share sale equates to 20% of Puma Energy Botswana’s total ordinary shares in circulation. The board of directors welcome the BPOPF into the shareholding structure, which will contribute to securing the long-term development and stability of the Botswana economy and Puma Energy’s Botswana business.

Christophe Zyde, Chief Operating Officer of Puma Energy in Africa said: “The introduction of the BPOPF reinforces our commitment to Botswana. Puma Energy will remain focused on investing in Botswana and will continue to grow the business to create value for all stakeholders.”

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