SOLOMON Stockbrokers Limited
A Member of Dar es Salaam Stock Exchange
SOLOMON Stockbrokers Limited
A Member of Dar es Salaam Stock Exchange
SOLOMON Stockbrokers Limited
A Member of Dar es Salaam Stock Exchange
SOLOMON Stockbrokers Limited
A Member of Dar es Salaam Stock Exchange

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PRESS RELEASE:
INITIAL PUBLIC OFFERING (IPO) OF 15,000,000 SHARES BELONGING TO
DAR ES SALAAM STOCK EXCHANGE PLC

 

The Dar es Salaam Stock Exchange PLC (DSE) is pleased to announce to the public its initial public offering (IPO) of 15,000,000 shares at a price of TZS 500/= per share.
The initial public offering (IPO) will start at 9.30am on Monday, 16th May, 2016 and will be commemorated by an official launching event on the day starting at 9:30am at the Dar es Salaam Stock Exchange PLC offices located at Golden Jubilee Towers, 14th Floor, PSPF Building, Ohio Street. The Offer will be open for 3 weeks and will officially close at 4:00pm on 3rd June 2016. Following closure of the offer the DSE intends to self-list its shares on the secondary market under the ticker “DSE” on 12th July and make its shares tradable.
The Offer and planned self-listing is in line with the global trend and practice for Exchanges and is aimed at achieving good corporate governance practices, efficiency and effectiveness of the DSE and further strengthen its strategic and operational practices.
Orbit Securities Company Limited is the lead transaction manager for the proposed offering and CRDB BANK PLC will be the receiving bank.
This offering is being made only by means of a prospectus. Copies of the prospectus relating to and describing the terms of the offering are available at DSE’s offices; on the DSE website www.dse.co.tz; at the offices of all licensed stock brokers as our receiving agents; and in various CRDB branches and offices.

Timetable for the IPO exercise is as follows:-
 

Timetable of Principal Events  
Activity  Time
Offer Opens  16th May 2016
Offer Closes 3rd June 2016
Allotment 10thJune 2016
Announcement of Results of the Offer  16th June 2016
Electronic crediting of CSD Accounts 24th June 2016
Processing of refunds cheque 30th June 2016
Self-Listing and commencement of trading fully paid DSE shares on the Exchange 12th July 2016

 
Mode of Payment
Payment shall be made at the following offices:

- All Branches of CRDB Bank PLC
- DSE Licensed Dealers
- MAXMALIPO
- Mobile Trading by dialing *150*36# and selecting “Buy DSE Shares”

 

For more information, kindly read the prospectus issued by Dar es Salaam Stock Exchange PLC. This document will be available at DSE Offices; Licensed Stock Brokers and CRDB branches, and is also posted on the DSE website www.dse.co.tz. Prospective investors are advised to read the document and obtain professional advice regarding the IPO prior to investing.
 

ISSUED BY
 
Management
Dar es Salaam Stock Exchange

PRESS RELEASE:
ANNOUNCEMENT OF RESULTS OF THE DSE INITIAL PUBLIC OFFERING
OF 15,000,000 SHARES BELONGING TO 
DAR ES SALAAM STOCK EXCHANGE PLC

 

The DSE initial public offering (IPO) was conducted from Monday 16th May, 2016 to 3rd June, 2016 and aimed to raise TZS 7,500,000,000 from the offer of 15,000,000 shares at a price of TZS 500/= per share.
The results of the IPO show that the DSE has raised TZS 35,768,796,000. This is equivalent to 377% in excess of the targeted capital or 4.77 times the anticipated amount.
The excess funds raised beyond the request for an approved (plus anticipated) green shoe option will be refunded to investors on a pro-rated basis against the number of applicants.
As per the timetable of the IPO as documented in the DSE Prospectus, the official announcement of the results of the IPO today Thursday 16th June, 2016 at 9:00am at the Dar es Salaam Stock Exchange PLC offices located at Golden Jubilee Towers, 14th Floor, PSPF Building, Ohio Street. Following the completion of the refund process the DSE intends to self-list its shares on the secondary market in the Main Investment Market (MIMS) segment under the ticker “DSE” on 12th July and make its shares tradable.
The planned self-listing is in line with the global trend and practice for Exchanges and is aimed at achieving good corporate governance practices, efficiency and effectiveness of the DSE and further strengthen its strategic and operational practices.


 
Timetable for the IPO exercise is as follows:-
Timetable of Principal Events  
Activity  Time
Offer Opens  16th May 2016
Offer Closes 3rd June 2016
Allotment 10thJune 2016
Announcement of Results of the Offer  16th June 2016
Electronic crediting of CSD Accounts 24th June 2016
Processing of refunds cheque 30th June 2016
Self-Listing and commencement of trading fully paid DSE shares on the Exchange 12th July 2016
 
For more information, kindly read the prospectus issued by Dar es Salaam Stock Exchange PLC. This document will be available on the DSE websitewww.dse.co.tz.
 
ISSUED BY
 
Management
Dar es Salaam Stock Exchange
TAARIFA KWA UMMA:
KUTANGAZA MATOKEO YA UUZWAJI WA AWALI (IPO) 
WA HISA 15,000,000 ZA
DAR ES SALAAM STOCK EXCHANGE PLC (DSE)

 

Kampuni ya Dar es Salaam Stock Exchange PLC (DSE) iliendesha mauzo ya awali (IPO) kuanzia Jumatatu tarehe 16 Mei 2016 hadi Ijumaa tarehe 3 Juni 2016 kwa matarajio ya kuzalisha mtaji wa TZS 7,500,000,000 kutokana na mauzo ya hisa 15,000,000 kwa bei ya TZS 500/= kwa hisa moja.
Matokeo ya mauzo ya awali yanaonyesha DSE imefanikiwa kuzalisha mtaji wa TZS 35,768,796,000 na kupitiliza kiwango cha mtaji kilichopangwa kwa asilimia 377%.
Zoezi la mauzo ya awali litafuatiwa na marejesho kwa wawekezaji ya fedha zilizozidi kiwango cha mtaji kitakachoshauriwa na mamlaka ya masoko ya mitaji (CMSA).
Mauzo ya hisa na kujiorodhesha katika soko la hisa la Dar es Salaam inafuatia mahitaji ya kisasa ya masoko ya hisa na yamekusudiwa kuleta ubora na tija katika utendaji wa uongozi wa DSE na zaidi katika kuimarisha utekelezaji wa mikakati na utendaji wake.
 
Ratiba ya Matukio Muhimu  
Tukio  Tarehe
Kuanza kwa Mauzo 16 Mei 2016
Kufunga Mauzo 03 Juni 2016
Ugawaji wa Hisa 10 Juni 2016
Kutangaza Matokeo 16 Juni 2016
Kusajilisha Akaunti za CSD 24 Juni 2016
Kuratibu hundi za malipo 30 Juni 2016
Kujiorodhesha na Kuanza Mauzo katika Soko la Hisa la Dar es Salaam 12 Julai 2016
 
Kwa taarifa zaidi, tafadhali rejea nakala ya muhtasari wa kampuni ya DSE unaopatikana kwenye tovuti yetu ya www.dse.co.tz.
 
Imetolewa na:
 
Menejimenti
Dar es Salaam Stock Exchange PLC

29th June 2016

Swala Oil & Gas (Tanzania) PLC ("Swala" or "the Company") advises that its main shareholder, Swala Energy Limited (Australia), has placed itself in voluntary administration as part of the restructuring plan that has previously been communicated to the market. Swala Australia aims to emerge from administration with a streamlined corporate structure better adapted to the current exploration market.


This development has no impact on Swala, which continues to progress its drilling campaign to explore the Kito prospect later in 2016. The Company, ably helped by engineers from TPDC and Tanroads, have been securing the necessary permits and mapping the necessary access roads to facilitate smooth transportation of drilling equipment/ machinery to the site to ensure that the drilling program remains on schedule.

For further information please contact:

Swala Oil & Gas (Tanzania) plc
David Mestres Ridge (CEO)
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.swala-energy.co.tz

Frontline Porter Novelli
Irene Kiwia
T. +255 787 611 213
This email address is being protected from spambots. You need JavaScript enabled to view it.

About Swala:
Swala is an affiliated company to Swala Energy Limited, a company in turn listed on the Australian Stock Exchange (ASX) with ticker “SWE”. Swala holds assets in the world-class East African Rift System with a total net land package in excess of 8708 km2. New discoveries have been announced by industry participants in a number of licences along this trend, including Ngamia and Twigga, which extend the multi-billion barrel Albert Graben play so successfully developed by Tullow Oil into the eastern arm of the rift. Swala has an active operational and business development programme to continue to grow its presence in the hydrocarbon provinces of East Africa.

 

 

The Dar es Salaam Stock Exchange PLC (DSE) is pleased to announce to the public its listing of 20,250,000 shares at a price of TZS 500/= per share at the stock exchange Main Investment Market segment (MIMs) and will be trading with a stock symbol of “DSE”.
The listing of 20,250,000 Shares is a result of the Initial Public Offer done on the 16th May 2016 to 3rd June 2016 whose total market capitalization of TZS 10,125,000,000. Dar es Salaam Stock Exchange PLC embraces good corporate governance and transparency practices. The Listing is necessary as it will give investors who bought their shares at the primary market an opportunity to exit by selling their shares at the secondary market and new shareholders to buy the same.
The Listing function will start at 9.00am on Tuesday, 12th July, 2016 at Dar es Salaam Stock Exchange PLC offices located at Golden Jubilee Towers, 14th Floor, PSPF Building, Ohio Street.
Once the shares are listed potential investors can buy and sell by:
a)         Contacting any of the DSE Licensed Dealing Members; and
b)         DSE Mobile Trading platform by dialing *150*36# and selecting “DSE Shares” from the list.
For more information, and contact details of the brokers kindly visit Dar es Salaam Stock Exchange PLC website www.dse.co.tz  or our offices at Golden Jubilee Towers, 14th Floor, PSPF Building, Ohio Street.
 
ISSUED BY
 
Management
DAR ES SALAAM STOCK EXCHANGE PLC

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