Shumba Energy Limited (Botswana) – Issue of New Shares to Shareholders

By Published On: August 12th, 2021Categories: Corporate announcement

Pursuant to the authority granted to Shumba Energy Ltd (Shumba or the Company) by shareholders through special resolution passed at the Company’s 2020 Annual General Meeting, Shumba’s directors are pleased to confirm that 282,814 new ordinary shares (New Shares) are to be issued in settlement of an obligation amounting to USD22,983 incurred by the company for development of the company’s assets. The holders are existing shareholders.

The Botswana Stock Exchange has confirmed the admission and listing of the New Shares with effect from Wednesday 11 August 2021.

Following admission, the Company’s enlarged share capital will comprise 293,841,364 ordinary shares.

By Authority of the Board of Directors

Mr. Mashale Phumaphi
Chief Executive Officer
11 August 2021


 

Shumba Energy Limited (SHUMBA.bw)

Share price: 90.00 Thebe (0.00 | 0.00% – 10/08/22)

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