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Banque de Kigali
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mwekez@ji
#191 Posted : Sunday, August 14, 2011 1:12:10 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121

http://www.rse.rw/index.php?opt...&catid=1:latest-news

Quote:
In the Retail sub-pool, Rwandan Nationals in the Retail sub-pool applied for approximately 201,348,737 shares of the IPO Shares on offer against approximately 49,734,840 shares that have been reserved for them representing subscription rate 405% the Retail sub pool as defined by the allotment policy disclosed in the IPO Prospectus.


Quote:
The retail applicants from the other EAC countries outside Rwanda subscribed to 39,956,400 shares against a total 33,156,560 shares, which is 40% of the total shares in the Retail pool.


My conclusion, retail investors in Rwanda will get very little of what they applied for but Non-Rwandans (who are basically Kenyans) will get close to what they applied for. Actually, small to medium size non-rwandan investors are likely to be allocated all the shares they applied for
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ecstacy
#192 Posted : Monday, August 15, 2011 9:21:19 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
mwekez@ji wrote:

http://www.rse.rw/index.php?opt...&catid=1:latest-news

Quote:
In the Retail sub-pool, Rwandan Nationals in the Retail sub-pool applied for approximately 201,348,737 shares of the IPO Shares on offer against approximately 49,734,840 shares that have been reserved for them representing subscription rate 405% the Retail sub pool as defined by the allotment policy disclosed in the IPO Prospectus.


Quote:
The retail applicants from the other EAC countries outside Rwanda subscribed to 39,956,400 shares against a total 33,156,560 shares, which is 40% of the total shares in the Retail pool.


My conclusion, retail investors in Rwanda will get very little of what they applied for but Non-Rwandans (who are basically Kenyans) will get close to what they applied for. Actually, small to medium size non-rwandan investors are likely to be allocated all the shares they applied for


This is great news. The over subscription by foreign investors & Rwandese retail bodes well for the counter post-listing.
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FUNKY
#193 Posted : Monday, August 15, 2011 9:27:54 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Any news about how many shares have been allocated to East Africans?
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FUNKY
#194 Posted : Monday, August 15, 2011 9:34:00 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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mlennyma
#195 Posted : Monday, August 15, 2011 2:00:19 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Kenyans will make rwanda market liquid thats why tanzania with their retrogressiveness hate us in business.
"Don't let the fear of losing be greater than the excitement of winning."
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ecstacy
#196 Posted : Monday, August 22, 2011 4:03:23 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
The dispatch of CSD Statements and commencement of collection of refunds from ASAs was to begin today. Any word?
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mwekez@ji
#197 Posted : Tuesday, August 23, 2011 9:13:42 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Bank of Kigali Announces IPO Allocation Results

http://www.bk.rw/documents/Bank...Allocation%20Results.pdf
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Cde Monomotapa
#198 Posted : Tuesday, August 23, 2011 9:22:15 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
mwekez@ji wrote:
Bank of Kigali Announces IPO Allocation Results

http://www.bk.rw/documents/Bank...Allocation%20Results.pdf

Cheers mate.
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FUNKY
#199 Posted : Tuesday, August 23, 2011 10:24:05 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
The above article does not show the minimum shares alloted to East Africans.
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JabaBoeku
#200 Posted : Tuesday, August 23, 2011 10:38:12 AM
Rank: Member

Joined: 4/28/2008
Posts: 53
Some percentage numbers here don't tie up.

Initial Press-release PDF said Retail investors – 291% subscribed
http://www.rse.rw/index....amp;catid=1:latest-news

The IPO Allocation Results states Retail East Africans 219%
http://www.bk.rw/documen...llocation%20Results.pdf

I guess we just wait for the individual allocations
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