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CEC | Open day Corpserve presentation

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CEC | Open day Corpserve presentation

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CEC | Open day Corpserve presentation

  1. 1. Copperbelt Energy Corporation Plc – Rights Offer Investor Open Day - Presentation By Corpserve
  2. 2. Corpserve’s Role in this Rights Offer Background We are a share transfer secretary managing bond and share registers of companies that are listed on the Lusaka Stock Exchange. Our main mandate in this project is to provide a bridge between Copperbelt Energy Corporation Plc and its shareholders by bringing in dedicated share registry services in a way that ensures smooth creation and management of new shares through the Rights Offer.
  3. 3. Pre – Transaction Activities We are part of the team that was involved in the pre transaction activities. These are all transactions bulding up to the Record Date of the Rights Offer. We list some of the key ones:  Advise, review and commenting on transaction documents. Documentation of processes and procedures.
  4. 4. Pre – Transaction Activities… Compilation and reconciliation of the certificated and the CSD register in readiness for transaction’s record date. Development of the Letters of Allocation database. Packing, sorting and mailing of the Rights Offer Document . Query resolution relating to the Rights Offer documents.
  5. 5. Transaction Activities Observation of the record date. Extracting the Holders of Records “HOR” from the CSD. Reconciliation of the issued share capital for both certificated and CSD registers. Generation of the Rights Offer shares. Overseeing the data interface and listing of the LAs with CSD. Reviewing the schedule of rights offer entitlements created by the Sponsoring Broker. Interfacing with Stockbrokers at the close of the offer to ensure seamless listing of the new shares on LuSE’s CSD.
  6. 6. Transaction Activities… Creation and Reconciliation of the registers Managing the final reconciliation, statistics, share allocations and production of Allotment Letters. Packing, sorting and mailing of the Allotment Letter for all the CSD shareholders. Printing of the shareholders. certificates for the certificated
  7. 7. Post Transaction Activities After the successful execution of the transaction, Corpserve will be directly responsible for the following: 1) Resolution of Rights Offer queries. 2) Reconciliation of the post Rights Offer registers. 3) Managing the returned circulars and updating of the register.
  8. 8. For your indulgence To enhance the way we communicate with shareholders, we have created the following notable solutions: 1) Over the years most shareholders may have noticed that we enclosed a mandate update form each time we process dividends or other corporate transactions. 2) We will be introducing a short message service (sms) to enhance the way we communicate with shareholders. 3) We will also be introducing a web based share registry service.
  9. 9. Our Current Clients Airtel Networks Zambia Plc Copperbelt Energy Corporation Plc First Quntum Mineral Limited IFC (Bond) Investrust Bank Plc National Breweries Plc Standard Chartered Bank Zambia Plc ZCCM – IH Zambian Breweries Pls Zambia National Commercial Bank Plc Zambia Sugar Plc
  10. 10. Shareholder Enquiries We will make ourselves available at the end of this open day for further share registry enquiries.
  11. 11. We Thank You For Your Time!

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