Prospectus — Registration of Existing Shares (2026)
Sidama BankProspectus of Sidama Bank Share Company issued under Articles 75 and 76 of Capital Market Proclamation No. 1248/2021 and ECMA Public Offering and Trading of Securities Directive No. 1030/2024, for the registration with the Ethiopian Capital Market Authority of 1,447,002 existing subscribed ordinary shares of ETB 1,000 par value held by existing shareholders. The prospectus states that of those shares 1,160,180 are fully paid and 286,822 are subscribed but not yet fully paid (as at 24 November 2025), and that the Bank has 3,257 shareholders. No new shares are offered. The Bank states it will subsequently list on the Main Board of the Ethiopian Securities Exchange by direct listing (listing by introduction). Transaction advisor Wegagen Capital Investment Bank S.C., legal advisor Liku Worku Law Office, external auditor Tewodros and Fikre Audit Service Partnership. Summary historical financial information is drawn from the audited annual financial statements for FY2024/25, FY2023/24 and FY2022/23, together with reviewed six-month figures to 31 December 2025. The signature block in Section Eleven was left blank in the published file; the published date is the board approval date of 20 July 2026 stated in the transaction advisor's submission letter to ECMA, which is also the date on which ECMA approved the registration statement.
- Institution
- Sidama Bank
- Type
- prospectus
- Fiscal year
- 2017EC
- Published
- Language
- English
- Pages
- 213
- File size
- 3.6 MB
- Source checked