Imara to exit Botswana Stock Exchange

Imara to exit Botswana Stock Exchange

BULAWAYO, March 21 (The Source) – Regional asset manager Imara Holdings will delist from the Botswana Stock Exchange with effect from March 31, after BSE approved its application to exist the bourse.

The company’s shareholders approved the delisting at an extraordinary general meeting held on February 24 while BSE approval was granted on March 10.

“Shareholders are therefore advised that the shares of the Company shall be delisted for trading on the BSE with effect from the close of business on Friday, 31 March 2017,” said company secretary Dave Stone.

He said the last date to trade in Imara shares would be on March 28.

The company listed on the BSE on October 4, 2006.

Imara is an independent, investment group with offices in Angola, Botswana, South Africa and the UK and associate offices in Malawi, Mauritius, Zambia and Zimbabwe.