Jeu 3 Mai 2012 13:02 de LesCrozes
INVESTRUST BANK PLC
As a leading indigenous bank in Zambia, Investrust Bank Plc had over the past five years, been implementing an expansion and growth strategy aimed at firmly positioning itself for success, and performance delivery in its quest to support client in an increasingly competitive banking sector. The Bank announced the Rights Offer on 27 May 2012 which opened on 20June 2011. The offer closed on 15 July 2011 as per the Rights Offer Document. However most of the statutory investors were not able to conclude their internal investment processes by 15 July 2011. Consequently confirmations on a number of subscriptions were only concluded in December 2011.
Investrust Bank Plc offered 1,976,000,000 new shares on a ratio of 2 for 3 basis at K16.00 per share. The Bank was targeting to raise ZMK31, 616,000,000 (approximately US$6 million).
The Bank managed to raise ZMK27, 219,577,840 because only 1,701,223,615 shares were taken up. Therefore the offer was only 86% subscribed. The total number of shares in issue therefore increased to 4,665,223,615 shares from 2,964,000,000 shares.
Ce que l'on conçoit bien, s'énonce clairement, Et les mots pour le dire arrivent aisément. BOILEAU