The Angola Capital Markets Commission registered Banco de Fomento Angola, S.A.’s public offering for sale of shares and approved the corresponding prospectus. The offer relates to 4,462,500 ordinary, book-entry, registered shares representing 29.75% of the bank’s share capital, with a nominal value of AOA 6,000 per share. The filing also envisages seeking admission to trading of 15,000,000 shares of the same type, representing 100% of the bank’s share capital, on the stock exchange market. The Commission noted that, under Article 164(5) of Angola’s Securities Code, registration is based on legality criteria and does not constitute a guarantee regarding the disclosed information, the issuer’s economic or financial position, the viability of the offer, or the quality of the securities.
Angola Capital Markets Commission 2025-08-21
Angola Capital Markets Commission registers Banco de Fomento Angola offer to sell 4,462,500 shares and approves prospectus
The Angola Capital Markets Commission registered Banco de Fomento Angola, S.A.'s public offering for 4,462,500 shares, representing 29.75% of its share capital, and approved the prospectus. The filing also seeks admission to trade 15,000,000 shares, representing 100% of the bank's share capital, on the stock exchange. The Commission clarified that registration is based on legality criteria and does not guarantee the information or the offer's viability.