Economy

Dangote Refinery Share Price Set at 74.9 Birr

TIKVAH Ethiopia · 2 hours ago · Read the Full Story on TIKVAH Ethiopia
Dangote Refinery Share Price Set at 74.9 Birr
AI SUMMARY

The Ethiopian Capital Market Authority has announced that shares for the Dangote Refinery are priced at 74.9 Birr and restricted to high-net-worth investors.

  • The Ethiopian Capital Market Authority announced the official share sale for the Dangote Refinery company.
  • The purchase price is set at 74.9 Birr per share.
  • The share sales process will remain open until October 23.
  • The offering is targeted exclusively at high-net-worth investors.
  • Eligible buyers must have a net worth of at least 10 million Birr, excluding one residential home and one vehicle.
  • Purchases must be conducted through organizations legally authorized to buy and sell securities.