Prospectus for Registration of Shares Currently Held by Shareholders and Capital Raising Through Dividend Capitalization and Preferred Rights Subscription (2025/2026)
ZamZam BankZamZam Bank Share Company prospectus (running header "ZamZam Bank Share Company Prospectus - 2025/2026") issued under the Capital Market Proclamation and in compliance with the Ethiopian Capital Market Authority's Public Offering and Trading of Securities Directive 1030/2024. The registration covers a total of 5,000,000 subscribed ordinary shares, all fully paid, with a par value of ETB 1,000 per share, held by 19,519 shareholders. The new offer is of 1,000,000 ordinary shares at ETB 1,000 per share; the prospectus states "Total Capital to be Raised in this Issue: ETB. 1,000,000,000 (Full Amount Payable)". It is structured as a rights issue: the Offer Period opens on June 30, 2026 and closes on September 27, 2026, the first 45 days (June 30 to August 13, 2026) being a preferential subscription period reserved for existing shareholders and the remaining 45 days (August 14 to September 27, 2026) a public offer of the shortfall. The transaction advisor is Wegagen Capital Investment Bank S.C. and the external auditor is Tafese, Shisema & Ayalew (TMS Plus) Certified Accountants and Authorized Auditors Ethiopia. The cover is dated JUNE 29, 2026, Addis Ababa, and Section 11 (Approval of the Prospectus, Table 83) carries the handwritten date "29 June 2026" and the signatures of all eleven directors, the President/CEO, the three Vice Presidents and the Deputy Director Finance and Accounts under the bank's seal; that board approval date is used as the publication date.
- Institution
- ZamZam Bank
- Type
- prospectus
- Fiscal year
- 2018EC
- Published
- Language
- English
- Pages
- 279
- File size
- 5.4 MB
- Source checked