News

PROSPECTUS FOR DEPOSITORY RECEIPTS COVERED BY KENYA GOVERNMENT DEBT SECURITIES ISSUED ON THE ALTX DEBT SECONDARY MARKET BY ALTX CLEARING LTD (UPDATE ON CONSULTANT FOR REGULATION AND COMPLIANCE)

20 January 2021 | Filed under: Market Notices

ALTX Clearing Ltd and ALTX East Africa (ALTX) are pleased to inform investors that the Capital Markets Authority today advised that Ms. Rosette Comfort Kania joined the Authority as Director, Market Supervision. Ms. Kania is listed as Consultant Advisor for regulation and compliance to the issuer of the depository receipts referred to in the prospectus. 

In this role of consultant, Ms. Kania has been replaced by M/s Byenkya, Kihika and Co. Advocates, to whom the requisite services have been outsourced by ALTX.

ALTX is grateful for Ms. Kania’s contribution to the development of the market for structured securities in Uganda and looks forward to working and engaging with her in her new role at the Capital Markets Authority.  We know, having had the privilege of working with her, that her contribution at the CMA shall be additive to our efforts to grow the capital markets business in Uganda. We pledge our support to her and her colleagues in this new endeavour.

Final preparations are being made to start listing the DRs under this prospectus on ALTX by the end of January 2021. With this, ALTX will make affordable and accessible investment options widely available to those who require them, and invites all to invest to grow their wealth.

MANAGEMENT