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SCG-Ré: the Company obtains the visa from Cosumaf

03/10/2022
Categories: Sectors

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On September 29, 2022, the Société Commerciale Gabonaise de Réassurance “SCG-Ré” obtained the visa which is approved by the Financial Market Supervision Commission of Central Africa (Cosumaf).

With a view to a capital increase, Cosumaf's approval relates to the operation to issue new shares by Public Open Stock (APE) under Cosumaf-APE-03/22 references This is therefore Cosumaf's visa for the issue of new shares through a public offering. The aim of this is to give the company a regional dimension through the entry of new sub-regional investors and then to align the company's share capital with the average number of reinsurers in the Cima zone, i.e. 15 billion CFA francs. 250,000 is the number of shares to be issued on the market for a price of 20,000 FCFA. And the period for subscribing to the EPA runs from 1 to 30 November 2022 and is intended for any natural or legal person.

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