IPO
In July 2008 a public offering (IPO) of 593.412 ordinary shares of CMH was made by shareholders ENH.
These shares represent 10% of the joint stock of the Company and were alienated at the unit price of 275MT. As a result of the IPO 1305 new stockholders now own 10% of Block “C” CMH shares.
In April 2009, the shares from Block “C” started to be freely negotiated in the Mozambique Stock Exchange through the accredited commercial banks acting as duly authorised brokers.