Regulatory Alerts2025-06-19
Added · Updated
Proposed Amendment to the Namibia Stock Exchange Rules on Demutualisation
The Namibia Financial Institutions Supervisory Authority has published a proposed amendment to the Namibia Stock Exchange Rules that authorizes the exchange’s demutualisation into a public company under the Companies Act, 2004. The new Rule 2.16 mandates specific voting thresholds for rights holders, establishes share conversion ratios and ownership caps, and requires formal approval from both the exchange’s members and the regulator. Interested parties may submit written objections to the Registrar of Stock Exchanges within thirty days of publication, with all feedback considered before final approval.
Topics
Share