Company Structure
Shareholder Details
The Company’s shareholders are TransAfrica Holdings Limited (61%), Press Trust (14.4%), an Employee Share Ownership Program (9.98%), MIG Limited (6.17%), NICO Asset Managers Limited (6.07%), NBM Capital Markets Limited (2.6%), and CAM Nominees Limited (0.74%).
Shareholding – 61.00%
Incorporated on 23rd September 1996 in Mauritius as an investment holding company with the objective of building an Africa-wide network of specialized financial service institutions.
The company is governed by the Company’s Act 2001 (of Mauritius) and the Financial Services Act 2007 (of Mauritius) as a Category 1 Global Business Licensed Company.
Company Secretary for TransAfrica Holdings Limited
Multiconsult Ltd
Rogers House,
5, President John Kennedy Street,
Port-Louis, Mauritius.
www.multiconsult.mu
Registered Office:
33, Edith Cavell Street, Port-Louis, Mauritius
Tel: +230 212 9800 | Fax: +230 212 9833
Auditors for TransAfrica Holdings Limited
BDO & Company, Chartered Accountants
DCDM Building, 10 Frere Felix de Valois Street, Port Louis
P.O. Box 799, Mauritius
www.bdo.com
Shareholding – 14.4%
Press Trust is a public trust incorporated under the Press Trust Reconstruction Act of 1995. It has investments across various sectors in Malawi, acting as a trust for the citizens of Malawi. It is governed by trustees who determine the contributions Press Trust will make towards national development and the betterment of Malawians.
Registered Office:
Press Trust Secretariat
Floor 9, Kang’ombe House, City Centre, Lilongwe, Malawi
Private Bag 359, Lilongwe 3, Malawi
Tel: +265 1 772 844 | Fax: +265 1 771 692
Email: presstrust@presstrustmw.com
Website: www.presstrust.org.mw or www.presstrust.mw
Shareholding – 9.98%
This program was created through a resolution of CHL’s Board of Directors to enable employees of the CHL Group to acquire shares in the Company under the ESOP Trust Deed and the various staff remuneration policies of Continental Holdings Limited and its subsidiaries.
Shareholding – 6.17%
Shareholding – 6.07%
NICO Asset Managers Limited is a specialist investment management firm. The company commenced operations on 1 January 2009 and is registered with the registrar of companies under registration certificate number 8854. It is licensed by the Reserve Bank of Malawi (RBM) as a Portfolio/Investment Manager and Transfer Secretary. The company is wholly owned by NICO Holdings Plc.
Contact Information
NICO Asset Managers Limited
Chibisa House, 19 Glyn Jones Road, P.O. Box 3173, Blantyre, Malawi
Tel: +265 1 836 696
Email: naml.investments@nicoassetmanagers.com
Shareholding – 2.6%
NBM Capital Markets Limited is a wholly owned investment management subsidiary of National Bank of Malawi. It is regulated and supervised by the Reserve Bank of Malawi.
Contact Information
NBM Capital Markets Limited
1st Floor, NBM Towers, Corner Henderson & Hannover Streets, P.O. Box 945, Blantyre, Malawi
Tel: +265 1 831 177 / 179
Email: nbmcapital@natbankmw.com
Shareholding – 0.74%
CAM Nominees Limited was incorporated in 2002. The company holds third-party funds on trust for investment purposes. It is a bankruptcy-remote entity that holds investor funds and assets separately from those of its Fund Managers, Messrs. Continental Asset Management Ltd.