Prospectus — Registration of 128,000,000 Existing Shares and Rights Offer of 82,000,000 New Shares (2026)
Cooperative Bank of OromiaProspectus of Cooperative Bank of Oromia S.C. (Coopbank) issued under Capital Market Proclamation No. 1248/2021 and ECMA Public Offering and Trading of Securities Directive No. 1030/2024 for the registration of 128,000,000 existing ordinary shares held by existing shareholders and a rights offer of 82,000,000 new ordinary shares at ETB 100.45 per share, payable in full on application. The offer is made exclusively to existing shareholders on the basis of their pre-emptive rights, at 41 new shares for every 64 existing shares held at the record date of 10 October 2026; the offer period runs from 09:00 on 20 October 2026 to 20 January 2027, and the shares are to trade over the counter through an ECMA-licensed capital market service provider. The prospectus states that it has been approved and the securities registered by ECMA. Transaction advisor: Ethio Capital Solutions PLC; legal advisor: Mehrteab and Getu Advocates LLP; external auditor: Kokeb and Melkamu Audit Service LLP. It includes the top ten shareholders at 30 June 2025 (Table 88, p. 181; no holder has 5% or more), a schedule of material legal proceedings (Section 7.10) and the board and executive approval page (Section 11), which is signed but undated. The document has no annexes. As no issue date is printed, the published date is the date the file was uploaded to the bank's website (server last-modified 6 October 2026); the prospectus timetable gives 7 October 2026 for publication of the approved prospectus.
- Institution
- Cooperative Bank of Oromia
- Type
- prospectus
- Fiscal year
- 2018EC
- Published
- Language
- English
- Pages
- 259
- File size
- 2.5 MB
- Source checked