The Bralirwa IPO is expected to be launched on the primary market at the Rwanda over the counter (OTC) before the month ends, according to a Rwandan official. Shares will start trading on the secondary market after one month. The Minister of Finance and Economic Planning John Rwangombwa is yet to release the prospectus showing the share price and total number of shares to be offered.

http://www.busiweek.com/10/page.php?aid=1581

KIGALI (Reuters) - Rwanda said on Monday it would raise 22.1 billion Rwandan francs from the sale of its 30 percent stake in brewer Bralirwa, the first initial public offering in the central African country.

Finance Minister John Rwangombwa told a news conference the government would sell 128.6 million shares, or 25 percent of the company, at 136 francs. He said the shares were valued at 170 francs but offered at a discount to encourage buyers.

The other 5 percent of the government's stake will be sold to the Heineken Group, which already holds the remaining 70 percent of Bralirwa.

The share offer runs from November 23 to December 17.
http://af.reuters.com/ar...ws/idAFJOE6AL0PY20101122

Hi all,

Does anyone have a soft copy of their prospectus?

Regards

This thing might be oversubscribed more than the Stanbic Uganda. Unless they apply a trancation formula like Stanbic did, people might get very few shares. There will be too much money chasing very few shares