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BODIVA Officialises Sale Of 30 Per Cent Of Shares Via Public Offering

BODIVA Officialises Sale Of 30 Per Cent Of Shares Via Public Offering

The Angolan Debt and Securities Exchange (Bodiva) made official the launch of a Public Offer for Sale (OPV) of 30 per cent of its shares.

According to the statement issued by Bodiva, this privatisation represents an opportunity for national and international investors to participate in the capital of an Angolan financial market institution.

With a decade of operations, Bodiva is the country’s first and only stock exchange, created with the aim of revolutionising the Angolan financial sector.

Figures from the Report and Accounts for the first half of 2024 show that Bodiva’s net profit was 437 million kwanzas, a reduction of 46 per cent compared to the same period last year.

The decrease is justified, among other reasons, by the company’s turnover of 8.0 percent, which up to 30 June was worth 2.1 billion kwanzas.

In 2023, Bodiva reported positive results, having achieved record trading volumes of 7.1 trillion kwanzas, an increase of 150 per cent compared to 2022. In the same year, Bodiva posted a record adjusted net profit of 3.1 billion kwanzas, which represents an increase of 798 per cent on the result recorded in the same period last year.

A path of affirmation

Set up on 2 July 2014 with the social objective of guaranteeing the efficient and transparent management of Regulated Markets in Angola, Bodiva is now a public limited company and is growing rapidly.

In 2015, Bodiva registered its first operations on the organised market, and in 2026 it was admitted as a member of the Southern African Development Community (SADC) stock exchange committee.

In 2020, Bodiva reached two trading records with the amount of 132.7 billion kwanzas (in March), and in July of the same year, this record was surpassed with the amount of 150.4 billion kwanzas.

It also provided investors with a safe and regulated way to invest in the country, increasing confidence in the financial market as part of economic diversification.

Source: Jornal de Angola

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