<\/p>\n
Dot Com Zambia Plc’s initial public offering has been heavily oversubscribed, underscoring strong investor appetite ahead of its listing on the Lusaka Stock Exchange’s alternative market, LuSE Alt-M.<\/p>\n
The exchange said Tuesday that the offer closed on December 5, one week earlier than planned, after demand exceeded expectations. Applications reached ZMW 14.1 million against a target of ZMW 12.3 million, representing an oversubscription of 114 times.<\/p>\n
Retail investors accounted for 85% of the new…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> Dot Com Zambia Plc’s initial public offering has been heavily oversubscribed, underscoring strong investor appetite ahead of its listing on the Lusaka Stock Exchange’s alternative market, LuSE Alt-M. The exchange said Tuesday that the offer closed on December 5, one week earlier than planned, after demand exceeded expectations. Applications reached ZMW 14.1 million against a […]<\/p>\n","protected":false},"author":11,"featured_media":216660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[825],"tags":[258,256,7019,53135,12156,7617,52388,13650,20413,50700,257,5267,254,4709,881],"class_list":["post-216659","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zambia","tag-africa","tag-africa-news","tag-ahead","tag-altm","tag-debut","tag-demand","tag-dot","tag-draws","tag-ipo","tag-luse","tag-news","tag-record","tag-south-africa-today","tag-zambia","tag-zambia-news"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/216659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=216659"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/216659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/216660"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=216659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=216659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=216659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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