MINECOFIN

MINISTRY OF FINANCE AND ECONOMIC PLANNING

REPUBLIC OF RWANDA

Closing of offer of Government shares in I&M Bank (Rwanda) Ltd. extended to March 10, 2017

Posted on 20.02.2017

The Offer for Sale of 19.81% shareholding held by the Government of Rwanda in I & M Bank (Rwanda) Ltd., that was launched on the 14th February and meant to close on 03 March 2017, has been receiving enthusiastic investor interest from regional investors. To ensure that Prospectuses and Application forms reach investors across the country and the East African region in good time, and in response to requests from retail and institutional investors  given the early start to the year, it has been decided to avail additional time to enable investors participate. 

Accordingly, I&M Bank (Rwanda) Limited, the Capital Market Authority and the Rwanda Stock Exchange have given their approval to extend the closing day of the Offer to 10 March 2017 as per the Procedures for, and terms and conditions of, application and allotment in the Prospectus.

 

 

 


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