Ver Angola


BODIVA approves Sonangol listing on the Stock Exchange

The Angolan Debt and Stock Exchange approved, this Friday, the requests for a Special Session to be held on the Stock Exchange and for admission to trading of the private bonds of the Sociedade Nacional de Combustíveis de Angola.


The Special Session on the Stock Exchange, which will take place between 9:00 am and 3:00 pm on September 13, is intended to determine, based on pre-defined criteria in the Prospectus, the results of the offer and will culminate in the disclosure of the results, on the same day, on the BODIVA website.

Subsequently, and after the physical and financial settlement of the offer, the "Ring the Bell" session will take place on September 15th, which will mark the admission and free trading of Sonangol's private bonds on the Private Bond Exchange Market "MBOP", says BODIVA in a statement sent to VerAngola.

This bond issue represents "a significant milestone in the development of the Angolan Capital Market, insofar as it materializes the possibility of diversifying the sources of financing of a national reference company, as well as providing the market with yet another financial product for diversifying the portfolio of investment; at the same time that it enables financial intermediaries to provide assistance in public offerings", the document adds.

The tabulation of results and admission to trading follow the Public Subscription Offer, which will take place from the 28th of August to the 12th of September, under the terms indicated in the prospectus.


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