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Get bucks to list on ZSE

by Staff reporter
08 Dec 2015 at 07:05hrs | Views

Micro-finance institution GetBucks Zimbabwe is set to raise $3,2 million through offering shares to the public on its course to listing on the Zimbabwe Stock Exchange (ZSE) next month.

The listing makes GetBucks the first micro-finance company to join the bourse and comes four years after the company began operations as a credit only micro-finance institution.

The company was recently granted a licence to take deposits.

In a pre-listing statement released yesterday, GetBucks said it will offer 93 567 251 ordinary shares in the company at a subscription price of $0,0342 per share. The offer opened yesterday and will close on January 8.

GetBucks Zimbabwe shares will be listed on ZSE on January 15, 2016.

Source - newsday