Luanda - The Savings and Credit Bank (BPC) estimates that it will raise between 20 and 27 million kwanzas with the Public Offering for Sale of its shares (16.63%) in “ACREP - Exploração Petrolífero SA”, the director of Treasury and Markets at the bank, Arley Felizardo, said on Tuesday in Luanda.
The director stressed that the public offer provides for the sale, through the Angola (Bodiva) debt and values, of the 300,000 shares that total the bank's capital in Acrep.
Speaking to the press on the sidelines of the ceremony of launching the offer and presentation of the prospect of the public offering of subscription and public offering of the sales of the Petroliferous Accep-Exploitation, S.A, Arley Felizardo stressed that the expected minimum investment is 75,000 kwanzas, being maximum of 91,500 for each share.
Asked about the value of the investment, he explained that “at the time of the initial investment there was no assessment, because the financial market did not represent it, but that initially the bank made investments around $ 1.5 million, only with the dividends received between the 2022 and 2023, and may consider the total recovery of the invested capital”.
According to the person responsible, the supply arises in the context of implementing the “non -core” business divestment strategy and the approval of the bank's restructuring and recapitalization plan.
He stressed that the plan is based in harmony with the guidance of the shareholder /state that was foreseen in the Privatizations Program - Propriv, noting that the offer marks the beginning of this phase of effective execution of the purpose.
“Since 2006, the bank has been from Acrep's shareholder and has been following a level of satisfaction and as there are positive contributions to the bank's balance, there is no financial motives that degrade the bank's position as a way to exit.” /Ass/DOJ
