Luanda: The Capital Market Commission (CMC) clarifies that only the entities identified in the prospectus for the Unitel Public Share Offering (IPO) are authorized to accept purchase intentions for 15% of the company's share capital. According to Angola Press News Agency, the country's capital market regulator warns the general public-and investors in particular-that the prospectus is the only authoritative document providing complete, accurate, and clear information on all aspects related to public offerings, in accordance with Article 291 of the Securities Code. Regarding Unitel specifically, the CMC identifies the placing agents as BFA Capital Markets, ÁUREA, Distribuidora Valor, Standard Invest, Eaglestone, and Hemera Capital Partners Securities. It lists Banco Fomento de Angola and Banco Caixa Geral Angola as the corresponding agents. Consequently, the CMC advises investors to verify that any entity with which they intend to place a purchase order-within the scope of a public securities offering-is du ly authorized in the relevant prospectus; this step is essential to safeguard their interests and avoid exposure to potential fraud risks. In the statement, the CMC reiterates its commitment to investor protection, fostering market confidence, and upholding the integrity, transparency, and orderly functioning of the capital market. Part of the Angolan State's Privatization Program (PROPRIV), the Unitel public share offering was launched this week and will run until the 24th of this month. A total of 7.5 million shares is being offered, with a price range of 36,000 to 43,000 kwanzas per share. It is directed at the company's employees and the general public; 1,000,000 shares-representing 2% of Unitel's share capital and voting rights-are reserved for the former. For the general public segment, 6,500,000 shares are reserved, representing 13% of the company's share capital and voting rights. Through this distribution, the State expects to raise 300 billion kwanzas.
