Sonangol raised 20,197 million kwanzas with the sale of the shares it held in Banco Caixa Geral de Angola (BCGA), with demand exceeding supply by 142.02%, announced this Thursday, the Debt and Securities Exchange Angola (BODIVA).
According to a BODIVA press release, the price of the shares was fixed at five thousand kwanzas for the general public, corporate bodies and workers, who could access 10% of the capital, and 3,399 kwanzas for Angolan shareholders to whom they were reserved. the remaining 15%. In total, the offerors (Sonangol EP and Sonangol Holding, companies belonging to the Angolan state oil company) raised the amount corresponding to 20,197 million kwanzas. Demand exceeded supply by 142.02%, with purchase orders being considered with the final unit price of the offer and 693 of the 706 subscribers being covered.
