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Abc Stockbrokers Limited ABC STOCKBROKERS LIMITED CAPABILITY STATEMENT Contents • The Group • About ABC stockbrokers • services • Credentials • Core Leadership • Technical Team • Contact details 2 The Group The group was formed as a result of a series of mergers and acquisitions of financial institutions operating in South Central Africa. • 1997 • 2010 • Merger between • Rebranding FMB and Heritage to effect new trading Group • 1999-2001. name BancABC FMB+ ULC+ African FMB + HIB HIB+ UDC+ Banking BancABC Part of Atlamara HIB: BARD: BARD: Corporation • 1995 • 2014 • Heritage • 1998 • 2001 Investment Bank • Heritage group • The result of •Atlasmara was formed acquired 100% all mergers takes acquire of BARD Group and 98% of • Specialist BancABC merchant Bank. acquisitions The Group Continued… The Group before the takeover by Atlasmara Group had a primary listing on the Botswana Stock Exchange and a secondary listing on the Zimbabwe Stock Exchange. The Atlasmara Group has operations in Botswana, Mozambique, Rwanda, Tanzania, Zambia and Zimbabwe, with a representative office in South Africa. Pan African Institution RWANDA About ABC Stockbrokers ABC Stockbrokers (Pvt) Ltd is a securities Company domiciled in Zimbabwe. The Company was established in 1997 when it started off as a joint venture between brokers and the BARD Group of Companies which at the time had 100% Control of one of the oldest discount house in Zimbabwe In 2000 the Company changed its name to ABC Stockbrokers (Pvt) Limited following a buyout of Bard Discount House by Heritage Bank in a Merger that saw three strong financial houses coming together to form African Banking Corporation (ABC) ABC immediately assumed a span of over 40 years wealth of experience in the financial industry of Zimbabwe at its formation. ABC Holdings (Pvt) Limited subsequently consolidated its control of ABC Stockbrokers (PVT) Limited in 2002 as it diversified its financial product offering 5 Services Post Multi - Currency Track Record Our Services: •Between the period October to December 2009, ABC Stockbrokers brokered about 80% of • ZSE Sponsor services the Equities market share removals to JSE. It moved USD 5 million worth of Old Mutual • Share brokerage shares on behalf of various clients • Margin transactions • Market research •In November 2009, share disposals worth USD 2 million were done for Bindura Nickel Corporation which was seeking additional working capital to recapitalize its mining • General advisory operations. • Arbitrage trading •Star Africa shares worth USD 8 Million were sold to NSSA in December 2009. • Bond and Derivatives Trading •During the same period, December 2010 ABC Stockbrokers also sold USD 4.5 million worth of Delta shares for Old Mutual Investment Group. Key Strengths: •In January 2010, ABC Stockbrokers sold to NSSA USD 4 million worth of Star Africa • Key talent shares. • Access to global capital •In February 2010, ABC Stockbrokers sold USD 20 million worth of PPC shares on the • research JSE on behalf of Old Mutual Investment Group through the ZSE share removal window. • Proven track record • regional footprint(grouop) •In 2014, ABC Stockbrokers sold $20million worth of Seedco shares on behalf of Cottco Limited and crossed $38m worth of ABCH shares which culminated in the takeover of ABCH by the Atlasmara Group. 6 CREDENTIALS Strengths in negotiating 2012 - 2014 Public Transactions strong track record in diverse sectors; Track-record : expertise in designing and BAT 2012 drafting legal and marketing ABCH 2012 Lead Sponsoring broker documentation to ensure Lead Sponsoring broker In US$16.2m ESOT to smooth shareholder US$50m Rights Issue 2012 meet phase one of restructuring; indigenization 2012 expertise in negotiating and making sure client complies Bindura Nickel fully with listing Star Africa Corporation requirements. Corporation 2012 Lead Sponsoring broker Lead Sponsoring broker In US$9m disposal of non expertise in research and US$21m Rights Issue core assets in a scheme of marketing of the transaction US$16.2m Debt arrangement 2013 Restructure expertise in corporate valuations and financial FALGOLD 2013 modeling; SEEDCO Lead Sponsoring broker in Lead Sponsoring broker awarded the ZIA best broker an attempted US$5m buy US$40m placement with out of minorities. to advise on the two biggest a technical partner corporate action deals on the stock market 2014 extensive knowledge on ABCH 2014 AICO 2014 listing new issues Lead Sponsoring broker Lead Sponsoring broker $ 200million buy out of US$50m buy out of minorities by Atlasmara minorities 2013 and in $20m disposal of SEEDCO shares -A proven track-record- CREDENTIALS continued… Track-record : 2016 Lead Sponsoring broker in an on-going transaction still under a cautionary statements 8 CORE LEADERSHIP Joe Sibanda – MD Zimbabwe Joe Sibanda was born in Zimbabwe in 1954. He has over 30 years of banking experience, having started his career with other commercial and merchant banking financial institutions operating in both local and international markets. He held several senior positions and was part of the executive management teams in these banking institutions. He joined African Banking Corporation (BancABC) as executive director, Banking Services and managing director of UDC Limited in August 2000. He has also been Managing Director for BancABC Botswana, BancABC Zimbabwe, BancABC Mozambique and returned to Zimbabwe in 2014 as Managing Director for BancABC Zimbabwe. Joe holds a BCom degree with majors in Economics and Business Management and is an Associate of the Institute of Bankers. 9 CORE LEADERSHIP Arnold Dhlamini – Arnold Dhlamini joined ABC Stockbrokers Private Limited in 1997 and Managing Director/Principal Broker has over 15 years wealth of expertise and experience in the financial services industry. Under his stewardship ABC Stockbrokers has led in the most corporate action transaction by value and number since 2009 to date where the Company acted as a sponsoring broker He is a member of the South African Institute of Financial Market (SAIFM), Zimbabwe Stock Exchange, Chartered Securities Institute of London (CSI), Institute of Bankers of Zimbabwe and the Institute of Stock Brokers of Zimbabwe where he is currently the Vice Chairman. In 2005 he was nominated the best student for the SADC region on the JSE Short Term Equity Trading course run by the economics department of Pretoria University. Arnold holds a post graduate certificate in management from Nottingham Trent University and attended an in house Management Leadership Development Programme (MLDP) run by Pretoria University’s Gordon Institute Of Business Science (GIBS). 10 TECHNICAL TEAM Rangarirai Mtungwazi Sheila Chiweshe Sales & Trading Compliance & Legal James Chiuta Research McDonald Gumbo Wellington Wikirefu Settlements Finance 11 Contact Details Arnold Dhlamini Managing Director /Principal Stockbroker and team leader [email protected] [email protected] [email protected] Tel : +263 4 703071-9; 781837-40 Direct : +263 4 701906 Mobile : +263 772 235 604 Heritage House 67 Samora Machel Avenue P.O. Box 3321 Harare Zimbabwe .
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