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The Listing Executive Committee of The Stock Exchange of Mauritius Ltd has given its approval to the listing of CMB International Ltd on the OFFICIAL MARKET of the SEM.

 

Listing of up to 360,000,000 ordinary shares of no par value (115,098,380 ordinary shares to be listed by way of an Introduction with a total value of USD 11,509,838, and up to 244,901,620 additional ordinary shares to be listed in terms of various future Private Placements).

 

CMB International Ltd (CMB) was incorporated on 03 August 2015 in Mauritius as a public company limited by shares in accordance with the Companies Act 2001. It currently holds a Category One Global Business License issued by the Financial Services Commission and has been operational since 04 August 2015. CMB aims to invest, through its subsidiaries, in financial services and investment banking businesses in various Sub-Saharan African markets. More specifically the target countries in Sub-Saharan Africa which CMB has identified as being particularly attractive for investment are Mozambique, Namibia and Zambia.

 

On the first day of admission of the above shares on the Official Market of the SEM, scheduled for 23 October 2015, 1,100,000 ordinary shares will be made available for trading by the existing shareholder of CMB at an indicative price of USD 0.10 per share.

 

Dealings in the ordinary shares can be made through one of the Investment Dealers listed on the following link: http://www.stockexchangeofmauritius.com/members.