Browsing: Botswana Stock Exchange

The Botswana Stock Exchange (BSE) and Risk Insights (RI) have unveil their strategic partnership which is meticulously designed to push…

AfricanĀ EnergyĀ ResourcesĀ LimitedĀ hasĀ beenĀ listedĀ onĀ theĀ ventureĀ capitalĀ boardĀ ofĀ the BotswanaĀ StockĀ ExchangeĀ (BSE)Ā sinceĀ OctoberĀ 2011.Ā Ā ThereĀ areĀ currentlyĀ 22Ā shareholdersĀ holdingĀ  lessĀ thanĀ 0.3%Ā ofĀ theĀ Company’sĀ sharesĀ onĀ issue.Ā  WhilstĀ theĀ CompanyĀ continuesĀ toĀ pursueĀ theĀ developmentĀ ofĀ theĀ SeseĀ JVĀ CoalĀ andĀ PowerĀ Project,Ā  theĀ DirectorsĀ formedĀ theĀ viewĀ thatĀ theĀ administrativeĀ costsĀ andĀ relatedĀ obligationsĀ associatedĀ withĀ  maintainingĀ theĀ BSEĀ listingĀ areĀ noĀ longerĀ justifiableĀ andĀ shareholdersĀ subsequentlyĀ votedĀ inĀ favourĀ  ofĀ aĀ delistingĀ fromĀ theĀ BSEĀ atĀ theĀ AGMĀ onĀ 22Ā NovemberĀ 2017.Ā Ā Ā  ā€œAĀ circularĀ toĀ holdersĀ ofĀ theĀ Company’sĀ sharesĀ onĀ theĀ BSEĀ willĀ beĀ releasedĀ onĀ 19Ā JanuaryĀ 2018Ā settingĀ  outĀ  theĀ  optionsĀ  availableĀ  toĀ  themĀ  withĀ  regardĀ  toĀ  theĀ  delisting.Ā  TheĀ …

Botswana Stock Exchange listed African Energy Resources Ltd says it has hasĀ been granted approval byĀ  shareholdersĀ toĀ undertakeĀ anĀ on‐marketĀ shareĀ buy‐backĀ ofĀ upĀ toĀ 4%Ā ofĀ theĀ company’sĀ totalĀ shareĀ  capitalĀ overĀ theĀ nextĀ twelveĀ months.Ā  ThisĀ initiativeĀ isĀ undertakenĀ asĀ partĀ ofĀ itsĀ ongoingĀ capitalĀ managementĀ strategy,Ā takingĀ  noteĀ  ofĀ …