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Home | Media | News | Botswana Listing to Boost Seed Co’s Expansion Drive

Botswana Listing to Boost Seed Co’s Expansion Drive

Thursday, July 19, 2018

The proposed partial unbundling of Seed Co Limited and the subsequent separate listing of its regional operations on the Botswana Stock Exchange (BSE), will allow the company to pursue its regional expansion projects as it will be backed by the availability of solid hard currency funding.

According to an abridged circular to shareholders that was published this week on Tuesday, the regional listing will set SeedCo International on a path for exponential growth as it will allow the company to attract focused capital to recapitalise the business whenever necessary.

“In view of the hard currency funding needs of the group’s regional growth trajectory and the need to unlock, preserve, and grow shareholder value, the directors are proposing to partially unbundle through a dividend in specie, and separately list on the BSE the group’s regional operations, which are held through SeedCo International.”

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Seed Co has provided us with a stable market and technical support during the season.

We received a planter, plough and harrow from Seed Co and this greatly improved our lives as communal farmers.

Firstly, I would to thank Seed Co for the opportunity to brag about Seed Co. They are a fantastic company and they have put me on the map.