Further to the announcement issued by ANIREP on 02 March 2020, shareholders are advised that ANIREP has successfully finalised the acquisition of majority shareholdings in two viable assets, Hopsol Africa (Pty) Ltd and Hopsol Power Generation (Pty) Ltd and with effect from 1st April 2020 and 19th June 2020 respectively. All conditions in respect of both transactions have been fulfilled.
NSX.ANE: Revised salient features of the acquisition of a viable asset and Notice of General Meeting
REVISED SALIENT FEATURES OF THE ACQUISITION OF A VIABLE ASSET AND NOTICE OF GENERAL MEETING Further to the notice of the acquisition and notice of the General Meeting announced on 23 December 2019, shareholders are advised about the revised Salient Dates. Important Dates and Times
Africa’s biggest pension fund, the Public Investment Corporation of South Africa (PIC), with assets worth over N$2 trillion, made its first investment in Namibia’s capital markets after its subscribed to 5 300 000 shares in Namibia Stock Exchange (NSX) listed Alpha Namibia Industries Renewable Power Limited (ANIREP) in a transaction valued at N$53 million.
Notice is hereby given that the General Meeting of the shareholders of ANIREP will be held at the offices of ANIREP, 47 Nelson Mandela Avenue, Klein Windhoek, Windhoek on 04 October 2019 at 10:00, for the following purpose: To approve the issue of an additional 5 300 000 shares at 1000 cents per share. As after closing of the Private Placement, ANIREP received a late submission. Shareholders need to approve this transaction. The shares to be issued, shall be issued on the same terms and conditions as stated in the Pre-Listing Statement.
Alpha Namibia Industries Renewable Power Ltd (Anirep) yesterday became the first alternative electricity company and the second capital pool company to list on the Namibian Stock Exchange (NSX).Anirep listed on the Development Capital Board of the NSX after raising more than N$110 million from institutional and retail investors via a private placement process. The majority are local shareholders, while others are regional and international.