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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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Green CPC lists on local bourse

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.
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