Nimbus heading for NSX Main Board
Nimbus heading for NSX Main Board

Nimbus heading for NSX Main Board

Jo-Mare Duddy Booysen
Nimbus Infrastructure Ltd, the first capital pool company (CPC) listed on the Namibian Stock Exchange, has received approval to be admitted to the Main Board of the NSX.
Nimbus recently finalised the acquisition of a 24.9% interest in Paratus Telecommunications, bringing its total stake in the company to 51.4%.
In a trading statement on the NSX this afternoon, Nimbus said the reclassification from a CPC to the NSX Main Board will be effective on Thursday. Nimbus listed as a CPC on the NSX in October last year.
Nimbus closed at N$11.01 on the NSX this afternoon.

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