Chobe Holdings has notified shareholders that 9,000,000 shares have been sold by African Finance Holdings Limited (AFH).
The number of shares sold represents 10.06 percent of total securities issued by Chobe. The transaction took place on the 22nd of August 2023 and the total on-market sale value of the transaction was P132,750,000. Shareholders were further informed that on the 22nd of August 2023, Botswana Public Officers Pension Fund (BPOPF) acquired 8,201,450 of the 9,000,000 shares.
This represents 9.16 percent of the total securities issued by the Company. As a result of the above trade, and as at 25th of August 2023 (the settlement date), AFH holds 22.30 percent shareholding in the Company while BPOPF, through its various asset managers, holds 26.35 percent shareholding in the Company.
