Highlights:
Date » Tuesday, 19 March 2019: Stock Prices (TZS) ACA » 6,100 CRDB » 125 DCB » 340 DSE » 1,260 EABL » 4,660 JHL » 9,300 KA » 135 KCB » 1,020 MBP » 490 MCB » 500 MKCB » 800 MUCOBA » 400 NICO » 165 NMB » 2,340 NMG » 1,360 PAL » 470 SWALA » 425 SWISSPORT » 2,000 TBL » 11,400 TCC » 17,000 TICL » 385 TCCL » 600 TOL » 660 TPCC » 2,020 TTP » 120 USL » 10 VODA » 800
Swala Oil and Gas IPO prospectus

Swala Oil and Gas (Tanzania) Plc "Swala", a public company incorporated in the United Republic of Tanzania is looking to raise TZS 4.8 billion capital from the public through a sale of 9.6 million shares at a price of TZS 500 per share. Swala's principal activity is the exploration of oil and gas "hydrocarbons" reserves in Tanzania.

The funds that will be collected from the IPO will provide additional funds to the working capital.

The Offer opens on 9th June 2014 and closes on 4th July 2014. The shares of SWALA will subsequently be listed on the Enterprise Growth Market Segment (EGM) of the Dar es Salaam Stock Exchange. The trading of SWALA shares after the closure of the IPO will be done at the Dar es Salaam Stock Exchange through Brokers.

Click here to download prospectus