22 January 2013

Namibia: Bank Windhoek to List On NSX

Windhoek — Bank Windhoek is looking at listing on the Namibian Stock Exchange and has appointed IJG Securities to act as the lead sponsor and co-advisor, while PSG Konsult Wealth Management will act as the lead advisor and co-sponsor.

"We are excited and honoured to have been chosen by the CIH Group to be part of this historic event, through providing our guidance and expertise in the listing of BWH," said IJG Securities Group Managing Director, Mark Späth, and PSG Konsult Principal Director, Brian van Rensburg.

The Chairman of the Board of Bank Windhoek Holdings, Koos Brandt, had announced that Bank Windhoek Holdings Limited had applied to the Namibian Stock Exchange (NSX) for the listing of its shares on the main board of the NSX.

When listed, Bank Windhoek Holdings Limited would become only the second banking group to list on the NSX and the 13th primary listing. "The listing of a company is a regulated process and therefore the exact timing of the listing will only become clear as the process unfolds. Speculation about the potential listing date is therefore discouraged and holders of BWH shares are requested to exercise caution in dealing with their shares," said Brandt.

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