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USE Listing Profile .Pdf Sign in to start your session A.N Other Password Sign In MANAGE YOUR INVESTMENT PORTFOLIO ONLINE WITH EASY PORTAL. For more info visit, www.use.or.ug Disclaimer: UGANDAThe information SECURITIES provided in EXCHANGE this booklet is LIMITEDfor educational purposes and does not constitute financial UAPproduct Nakawa advice. Business You@Uga shouldndaSec Park, obtainur itiPlot independentesEx 3-5,change New advice Port Bell from a licensed@USEUg investmentanda adviser before making Road,any financial Block decisions.A, 4th Floor. Although P. O. theBox Uganda 23552, Securities Kampala. Exchange (USE) has made every effort to ensure the Telephone:accuracy of the0312 information (370 815 as | at370 the 817 date | of370 publication, 818) USE does not give any warranty or representation Email:as to the [email protected]. accuracy, reliability Website or completeness : www.use.or.ug of the information. To the extent permitted by law, USE and its employees, officers and contractors shall not be liable for any loss or damage arising in any way (including by way of negligence) from or in connection with any information provided or omitted or from any one acting or refraining to act in reliance on this information. • Go to the Easy Portal web page, scd.use.or.ug • Select create an Account CONTENTS • Read terms, select accept and continue • Insert your SCD Account Number and the email address used when opening your SCD account. Click continue. • A password will be sent to your email. About the USE • Log into your email and retrieve your one-time password. (Note; for some email providers please check USE: Empowering growth and - Lodging the Prospectus - junk/spam) Visit the link to easy portal http://scd.use.or.ug that promote safe, convenient and - The IPO Period • Use the password and other details as prompted to log in sustainable investments - Admission • You have to set a new password to continue. • You will be prompted to log in afresh with the new password. Maximising the success of your - company - • Go to the Easy Portal web page, scd.use.or.ug you? - • Select “Reset” your password - Ensuring the integrity of the market Why list on USE - Corporate Governance • Select accept and continue • Insert your SCD Account Number and the email address used when opening your SCD account. Click continue. USE • A password will be sent to your email. • Log into your email and retrieve your one-time password. UGANDA listedSECURITIES EXCHANGE LIMITED (Note; for some email providers please check junk/spam) UAP Nakawa- Business Park, Plot 3-5, New Port Bell Visit the link to easy portal http://scd.use.or.ug Road, Block- TalkA, 4th to Floor. CMA P.and O. BoxUSE 23552, Kampala. • Use the password and other details as prompted to log in Telephone: 0312 (370 815 | 370 817 | 370 818) • You have to set a new password to continue. Email: [email protected]. Website : www.use.or.ug 3 • You will be prompted to log in afresh with the new password UGANDA SECURITIES EXCHANGE LISTING PROFILE: The key to growth and creation of shareholder value ABBREVIATIONS IPO Initial Public Offer(ing) GEMS Growth Enterprises Market Segment MIMS Main Investment Market Segment USE Uganda Securities Exchange CMA Capital Market Authority FISMS Fixed Interest Securities Market Segment SME Small and Medium Enterprises ISIN International Securities Identification Number INTRODUCTORY REMARKS One of the key functions of a stock This booklet has been exchange is to bring together designed to: in a centralised market place investors who provide capital and • Provide time-series statistics companies that require capital: to highlight the value-creation The USE facilitates this capital role played by the USE since its formation process by providing a inception in 1997 well organized, transparent and • Explain how a listing on the well regulated secondary trading USE can enable your company market. to leverage-off a well - organised market to create All the companies that have chosen value for your shareholders to list on the USE have greatly • Provide guidance on how to benefited by moving from a private take your first steps towards to a public listed company and have becoming a USE listed seen their market value increase company substantially over time, generating • Provide you with an overview thereby very attractive returns both of the listing process which to the original as well as to the new involves: shareholders. – Appointment of advisers – Talking to USE – Preparing and lodging Listing 4 LISTING PROFILE: The key to growth and creation of shareholder value UGANDA SECURITIES EXCHANGE Particulars; and • Access to wider pool of funds – Admission on USE to finance future growth • Outline the requirements in • Exposure to retail and the pre and post listing stages institutional investors, both for your company. domestic and international • Enhancement of your Benefits of a listing on the company’s profile and ability to USE can include: attract quality executives and directors • The possibility of an increase • The potential to achieve a in the market value of your higher price for your company company than you may achieve from a private sale ABOUT THE USE The Uganda Securities Exchange broker/ dealer firms, investment (USE) was licensed to operate as advisors, a representative of an approved Stock Exchange in investors and a representative of June 1997 by the Capital Markets issuers. Trading on the exchange Authority of Uganda and began is facilitated by 8 licensed broker formal trading operations in firms and 4 custodians. January 1998. There are 16 listed companies, The Exchange is governed by with a total market capitalization of a Governing Council whose approximately Ushs 20 trillion (US$ membership includes licensed 5.7 billion). OUR OPERATIONAL MARKET SEGMENTS The Uganda Securities Exchange share capital of Ush. 1 billion and currently operates through 3 net assets of Ush. 2 billion.The market segments i.e: Main Investment Market Segment of the USE currently has 16 listed 1. The Main Investment Market equities comprising of 8 Locally Segment (MIMS) Listed equities; The MIMS is the main market for The Main Investment Market established and large companies Segment of the USE currently has looking to raise funding. The 16 listed equities comprising of 8 eligibility criterion on this segment Locally Listed equities; is stringent. Companies on this segment must have a minimum 5 UGANDA SECURITIES EXCHANGE LISTING PROFILE: The key to growth and creation of shareholder value Code ISIN Company BATU UG0000000022 British American Tobacco Uganda BOBU UG0000000055 Bank of Baroda Uganda DFCU UG0000000147 Development Finance Company of Uganda Ltd NVL UG0000000162 New Vision Printing & Publishing Company Ltd SBU UG0000000386 Stanbic Bank Uganda NIC UG0000000758 National Insurance Corporation UCL UG0000000014 Uganda Clays Limited UMEME UG0000001145 Umeme Limited It also has 8 Equity Securities which are cross listed from the Nairobi Securities Exchange (Kenya) as below: Code ISIN Company EBL KE0000000554 Equity Bank Limited KCB KE0000000315 Kenya Commercial Bank Group EABL KE0009081092 East African Breweries Limited JHL KE0000000273 Jubilee Holdings Limited KA KE0009081084 Kenya Airways NMG KE0000000380 Nation Media Group CENT KE0000000265 Centum Investment Company Ltd UCHM KE0000000489 Uchumi Supermarkets Limited 2. The Fixed Income Securities lists other short-term financial Market Segment (FISMS) instruments such as treasury bills and commercial papers. It was introduced as a platform for fixed income securities. It aims at The Fixed Income Market Segment providing a separate independent currently 6 corporate bonds and 39 market for companies wishing to Government of Uganda Treasury raise financing through issuance Bonds listed. and listing of fixed income securities such as treasury bonds, corporate bonds, preference shares and debenture stocks. It also provides the market for investors wishing to trade the above securities at the exchange. The segment also 6 LISTING PROFILE: The key to growth and creation of shareholder value UGANDA SECURITIES EXCHANGE 3. The Growth Enterprises Market platform enables SMEs to raise Segment (GEMS) substantial initial and ongoing capital, while benefiting from The Uganda Securities Exchange increased profile and liquidity launched the Growth Enterprise within a regulatory environment Market Segment (GEMS) in designed specifically to meet their recognition of the fundamental needs. The eligibility criteria for role of “Small and Medium Sized raising financing through the GEMS Enterprises” (SMEs) as a major are significantly less stringent driver of our Uganda’s economy compared to those on the main and ultimately the overall financial investment market segment above. system of Uganda. The GEMS Performance of listed companies from date of listing The individual companies’ capital gains from their respective dates of listing is shown in the table below: Company üüüüüüü Number of shares Market Value of Market Value of Capital Gains as as at 31 December the Company at Company at 31 at 31 December 2016 IPO (Ushs) December 2016 2016 (Ushs) 1 Uganda Clays Limited (UCL) January 18, 2000 900,000,000 20,000,000,000 9,900,000,000 -50.50% 2 Umeme Limited (UMEM) November 30, 2012 1,623,878,005 397,850,111,225 795,700,222,450 100.00% 3 DFCU Limited (DFCU) October 14, 2004 497,201,822 45,742,567,670 382,845,402,940 736.96% 4 BAT Uganda Limited (BATU) June 28, 2000 49,080,000 49,080,000,000 1,472,400,000,000 2900.00% 5 Bank of Baroda Uganda (BOBU) September 2, 2002 2,500,000,000 240,000,000,000 310,000,000,000 29.17% 6 New Vision Limited (NVL) December 16, 2004 77,500,000 10,200,000,000 42,237,500,000 314.09% 7 NIC Holdings Limited (NIC) March 25, 2010 1,415,541,942 18,174,600,000 16,986,503,304 -6.54% 8 Stanbic Bank Limited (SBU) January 25, 2006 51,188,668,700 358,320,680,900 1,279,716,717,500 257.14% Total Market Capitalization (Local) 1,139,367,959,795 4,309,786,346,194 278.26% Source: USE Products & Markets Dept capitalization.
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