- A low 250-share minimum, a broad and balanced shareholder base, and an allocation formula that protects the small applicant. The Public Offer closes at 16h30 on 27 November 2026
As momentum builds around Stanbic Bank Botswana’s Initial Public Offer (IPO), the Bank has underscored that the Offer has been designed for inclusion. Under the message Let’s Grow Together, it is inviting citizens and non-citizens from all walks of life, individuals and institutions alike, to own a share in the Bank that has grown with Botswana. With a minimum application of 250 shares, or BWP 1 075 at the Offer Price of BWP 4.30 per share, the door is as open to first-time investors as it is to seasoned ones.
Giving people the opportunity to share in the Bank’s future growth is a stated objective of the Offer, alongside broadening local ownership and supporting citizen economic empowerment. The Public Offer of 63 872 410 shares is open to individuals and legal entities, and the Board’s primary aim in allocating shares is a broad and balanced shareholder base. If the Offer is oversubscribed, shares may be allocated on a pro rata or other equitable basis, and no applicant will receive fewer shares than anyone who applied for the same number or fewer.
“For a generation, the relationship between most Batswana and their banks has run in one direction: you deposit, the bank lends, the bank earns. Ownership changes that,” said Stanbic Bank Botswana Board Chairman, Dr Tebogo TK Matome. “When we say Let’s Grow Together, we mean not growth that happens to Batswana, but growth that Batswana own. We want as many people as possible to take part, from a single mother in Moshupa to an entrepreneur in Palapye to the institutions that invest on behalf of Batswana. A listing should widen the circle of ownership in our economy, and this Offer is built to do exactly that.”
The Offer is open to every eligible investor, whichever bank they use, and being a Stanbic Bank Botswana customer gives no priority in allocation. Every applicant needs a Central Securities Depository Botswana (CSDB) account, held through a licensed stockbroker: Imara Capital Securities, the Sponsor to the Offer, or Motswedi Securities. Those without one can submit an account-opening form with their application.
Applications can be lodged with Imara Capital Securities or Motswedi Securities, or at Stanbic Bank Botswana’s Head Office in Fairgrounds, Gaborone, and its Francistown, Ghanzi, Kazungula, Maun, Palapye and Selebi Phikwe branches. So that every investor, experienced or new to the market, can make an informed decision, the Bank is sharing plain-language information on the Offer through its branches, digital channels and in-person and virtual information sessions, most recently an open town hall in Gaborone.
“We are inviting Batswana to own a part of our business. Why? Because growth that is not inclusive is not sustainable,” said Stanbic Bank Botswana Chief Executive, Chose Modise. “Inclusion is easy to say, but harder to design. That is why the minimum is low, why you do not need to bank with us to apply, and why the allocation formula protects the small applicant. Inclusion means more than access to an application form. It means education: understanding what you are buying, and why. Our message is simple: read the Prospectus, speak to a licensed stockbroker, and make the decision that is right for you and your family. Let’s grow together.”
Key Dates:
§ Closing of the Public Offer at 16h30 27 November 2026
§ Publication of results and refunds 4 December 2026
§ Listing on the BSE 7 December 2026
Investors are encouraged to read the full Prospectus, including the risk factors, and to speak to a licensed stockbroker before applying. The Prospectus, application forms and Frequently Asked Questions are available at www.stanbicbank.co.bw. Investors can also call the Stanbic Bank Botswana Voice Branch on 398 7801 or the Sponsor, Imara Capital Securities, on +267 318 8886.