November 7, 2018 / 7:45 AM / 14 days ago

BRIEF-Atlas Mara Announces IPO Of Bancabc Botswana On Botswana Stock Exchange

Nov 7 (Reuters) - Atlas Mara Ltd:

* IPO OF BANCABC BOTSWANA ON BOTSWANA STOCK EXCHANGE

* HAS LAUNCHED AN IPO ON BSE IN WHICH ABCH WILL SELL UP TO 24.9 PERCENT OF ITS SHAREHOLDING IN BANCABC BOTSWANA

* FOLLOWING IPO, CO WILL REMAIN SIGNIFICANT, MAJORITY SHAREHOLDER OF BANCABC BOTSWANA

* IPO OFFER GOT IRREVOCABLE SUBSCRIPTIONS FROM SEVERAL LOCAL INSTITUTIONAL INVESTORS FOR SUBSTANTIAL MAJORITY OF SHARES IN OFFER Source text for Eikon: Further company coverage:

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