Nothing much other than Stanbic investors set to receive bonus shares. From yesterday's dailies, Shareholders of Stanbic Bank Uganda are set to get additional shares from the firm in its effort to widen its capital base. The bank will offer bonus shares to investors to increase its paid up capital from about UGX 5bn to UGX 25bn as required by the central bank. Stanbic, which is Uganda’s largest bank by assets, is owned by at least 25,000 institutional and retail shareholders. Each shareholder is set to receive an extra share per piece at almost no cost, save for a 10% withholding tax. The bank will seek the approval of the shareholders, at its Annual General Meeting due on 31 May 2011. The innovation will come in the wake of new financial regulations that were issued by Bank of Uganda last year which require commercial banks to increase their paid up or minimum capital requirements from UGX 4bn to UGX 25bn by 1 March 2013.