je.st
news
BTCL plans IPO in November
2014-09-23 15:20:00| Telecompaper Headlines
(Telecompaper) The initial public offering og Botswana Telecommunications Corporation Limited (BTCL) will be held on 07 November. Minister of Transport and Communication, Nonofo Molefhi said more information on the BTCL IPO will be shared through various platforms in due course. He said the ministry, privatization agency and BTCL will soon commence a programme aimed at educating the public on the BTCL IPO to ensure Botswanans participate in the historic event in large numbers, Biztech reported. He said this will see further details shared with both public and institutional investors on all aspects of the IPO. The government will offer 49 percent of BTCL's shares. A stake of 44 percent will be available for purchase by citizens and companies, and the remaining 5 percent will be retained for BTCL employees through an Employee Share Ownership programme.
Tags: november
plans
ipo
plans ipo
Category:Telecommunications