Extension of the Subscription Period for the Capital Increase of DC/BR

The subscription period for the capital increase of the Central Depository/Settlement Bank (DC/BR) has been extended until June 30, 2024.

"It is hereby brought to the attention of the shareholders of the Central Depository/Settlement Bank (DC/BR) that, as part of the ongoing capital increase, the subscription period has been extended by decision of the Board of Directors at its meeting on April 24, 2024," states a communiqué from the General Management of DC/BR.

The purpose of this extension is to accommodate shareholders who were unable to participate in the initial phase of the operation, thereby setting the new closing date to June 30, 2024, the statement adds.

Any interested shareholder is requested to contact DC/BR either by visiting the headquarters in person at DC/BR’s registered office in Abidjan-Plateau, Av. Lamblin, Tour Sama, 1st floor, or by using the designated email address: ag@dcbruemoa.org, in order to obtain the subscription form required to participate in this capital increase operation. Shareholders must present their legal identification documents.

The subscription period for the DC/BR capital increase was initially set to close on March 31, 2024.

DC/BR is a specialized financial institution of the West African Economic and Monetary Union (WAEMU), headquartered in Abidjan, Côte d'Ivoire. It ensures the centralization of securities custody for its members, the proper execution of settlement and delivery operations following stock market transactions, as well as the payment of securities-related events.

As a full member of the Association of National Numbering Agencies (ANNA), DC/BR is responsible for the coding of securities within the WAEMU. The institution was established in 1996 and officially began its operations on September 16, 1998.