Pangaea Renaissance History and List of Capital Markets Transactions

©2008 Pangaea Rensaissance Securities
In 1998, Pangaea Securities (Zambia) Limited and Emerging Market Securities (Zambia) Limited merged as equals to form Pangaea/EMI Securities Limited (Pangaea/EMI).  Prior to the merger, the two companies had been the market leaders in the provision of investment banking, securities brokerage and corporate finance services in the Zambian market and then, as a result of the merger, the company became the dominant player in the market in its selected businesses.  In mid-2008, Renaissance Capital took a 49% stake in the Company and it was renamed Pangaea Renaissance Securities Limited.  Adding the global reach of Renaissance Capital to Pangaea's capabilities will enable the company to provide even more services to its Zambian and international clientele. 

                    Pangaea Renaissance's Capital Markets Transactions

Company

Financial Instrument

Year

Celtel Zambia (now Zain Zambia)

$200 million Initial Public Offering

2008

Farmers House

Rights Issue – 3rd on the LuSE (all via P/EMI)

2006

Nanga Farms

Quotation

2006

Konkola Copper Mine

Quotation

2004

Zambia National Commercial Bank

Quotation

2004

Investrust Bank

Quotation

2004

Barclays Bank *

Variable Rate Twelve-year Capital Notes

2003

Zambeef Products

Listing

2003

Zambian Breweries

Rights Issue

2002

Shoprite Holdings

Initial Public Offer

2002

Arcades

Debentures

2001

PTA Bank

Three-year Corporate Bond

2001

Farmers House

Preference Shares – only one done on the LuSE

2001

Chilanga Cement

Corporate re-structuring of Chilanga Cement after the acquisition of a controlling interest in the Company by the Lafarge Group

2001

Zambia Sugar

Corporate re-structuring of Zambia Sugar after the acquisition of a controlling interest in the Company by the Illovo Group

2001

Pamodzi Hotel

Initial Public Offer

2001

Farmers House

Four-year Convertible Bond

2000

Rothmans of Pall Mall Zambia (now British American Tobacco Zambia PLC)

Corporate re-structuring of Rothmans of Pall Mall following the merger with British American Tobacco

2000

Zambian Breweries

Rights Issue

1999

Standard Chartered

Initial Public Offer

1998

Zambian Breweries

Initial Public Offer

1997

Zambia Sugar

Initial Public Offer

1996

Farmers House

Initial Public Offer

1996

Rothmans of Pall Mall Zambia (now British American Tobacco Zambia PLC)

Initial Public Offer

1995

Chilanga Cement

Initial Public Offer

1995

    * Pangaea engaged solely as the sponsoring broker – i.e. not involved in the structuring of the financial instrument.

 

 

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