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SNES

ACQUISITION OF INITIAL VIABLE ASSETS

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.
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PIC invests in NSX listed ANIREP

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.
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ANIREP lists, raises N$110m

Alpha Namibia Industries Renewable Power Limited (ANIREP) was listed on the Namibia Stock Exchange (NSX) development board on Thursday. It has become the second Capital Pool Company (CPC) and the first Alternative Electricity Company on the bourse.
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