Share Trading - Gondwana Collection

Share Trading

Share Trading

General Information

The Gondwana Holdings Ltd (“Gondwana”) share trading platform is not regulated in the same manner as a licensed exchange in terms of the Stock Exchange Control Act, 1 of 1985. Despite not being a regulated exchange, Gondwana ensures the integrity of the system, transactions and records through good corporate governance that includes the annual audit thereof by the internal auditors.

Any complaints regarding the share trading platform may be directed to the Group Company Secretary, Almut Kronsbein at email: assistance(at)gondwana-collection.com or telephone: +264 61 427232

Gondwana’s shares are traded over-the-counter as share transactions are negotiated directly and bilaterally between willing buyer and sellers of shares. Gondwana will, through its share administration desk managed by PSG Wealth Management (Namibia) (Pty) Ltd (“PSG”), facilitate the identification of willing buyers and sellers and PSG act as administrator to provide the parties with the required documentation to facilitate transactions. Transfer Secretaries (Pty) Ltd will update its securities register after the conclusion of transactions.

Please note that all new shareholders must first be approved by the board of directors of Gondwana as set out under the "How to Trade" tab.

For more information on how to trade in Gondwana shares please go to the "How to Trade" tab.

How to Trade

How do I buy or sell Gondwana Shares?

The buying or selling of shares can easily be done through PSG Wealth Management (“PSG”) who has been appointed by Gondwana to administer the process.

You must first open an account with PSG before you will be able to buy or sell. You will need to sign a trading account mandate with PSG as part of the account opening.

Please note, all shareholders must first be approved by the board of directors of Gondwana in accordance with the articles of Gondwana. The new applicant must therefore authorise PSG to share their application with Gondwana. PSG will only be allowed to trade once a new shareholder is approved. Please note this is only relevant for new shareholders. 

 

How do I open an account with PSG?

To open an account with PSG, you need to forward your contact details and the following documents with your request for buying or selling Gondwana shares to PSG at wealth(at)psg.com.na:

  • Certified copy of identity document;

  • Proof of residence e.g. Municipal bill;

  • Proof of bank account e.g. bank statement not older than 3 months or a bank confirmation letter; and

  • Proof of tax registration e.g. copy of your tax registration certificate or a copy of the front page of your latest tax return.

Once PSG has received the documents and instruction, they will contact you to assist with the process.

 

What other documents do I require to buy or sell Gondwana shares?

Buying of Shares:

  • Completed Transfer Secretaries form – PSG will provide you with the form.

Selling of shares:

  • Original Share Certificate – the new Gondwana certificates issued by Transfer Secretaries; and

  • Signed CM42 form – PSG will provide you with the form.

 

What are my buying or selling options?

You can buy or sell Gondwana shares by placing an order with PSG. Two types of orders can be placed:

  • Market Order (when you want to buy or sell shares as quickly as possible at the ruling price); or

  • Limit Order (when you want to buy or sell shares at a specific price or better).

 

What costs are associated with selling or buying Gondwana shares?

The total cost charged for selling or buying shares is made up of 3 components:

  • Administration Fee: 0.5% of the transaction value.

  • Stamp Duty: N$2 per N$1 000 (or part thereof) of the value (only payable when buying shares).

 

For example:

  • The total cost of buying N$10 000.00 worth of shares is 0.7% or N$70.00.

  • The total cost of selling N$10 000.00 worth of shares is 0.5% or N$50.00.

 

When are payments done?

Buying of shares: You need to have the money available in your account with PSG before the order to buy shares can be executed.

Selling of shares: Settlement takes 5 working days, so you will receive your money after 5 working days of the sale being executed.

 

PSG Contact Details

Telephone: +264 61 378 900               

E-mail: wealth(at)psg.com.na

Physical Address: 1st Floor, PSG Building, 5 Conradie Street, Windhoek

Postal Address: PO Box 196, Windhoek

Offers to Buy and Sell

Gondwana's share administration desk assist with the identification of willing Buyers & Sellers and the following Buyers & Sellers requested the administration desk to publish the number of shares they intend to buy or sell and the bid and offer price thereof.

For more information and assistance contact PSG at +264 61 378 900 or wealth(at)psg.com.na

 

Last Price: 935 cps

Movement from previous price: 0% (0c)

 

                Buyers and Seller

Bid Volume
Bid Price Offer Price
Offer Volume
1 546 9.00
9.25
50 000
9.35
29 278
9.40
725 955
9.50
132 104
10.00
50 000
10.50
100 000
10.80
427 500

Recent Transactions and Price History

Below are the recent transactions concluded between buyers and sellers through facilitation by the share administration desk.

 

Date
Quantity
Avg Price
Opening
High
Low
Close
04/11/2019
530
9.35
9.35
9.35
9.35
9.35
01/11/2019
10 650
9.35
9.35
9.35
9.35
9.35
31/10/2019
2 200
9.35
9.35
9.35
9.35
9.35
08/10/2019
1 062
9.35
9.00
9.35
9.35
9.35
03/10/2019
220 700
9.00
9.00
9.00
9.00
9.00
25/09/2019
1 562
9.00
9.00
9.00
9.00
9.00
19/09/2019
1 392
9.00
9.00
9.00
9.00
9.00
05/09/2019
1 694
9.00
9.10
9.00
9.00
9.00
30/08/2019
550
9.10
9.35
9.10
9.10
9.10
23/08/2019
5 000
9.35
9.00
9.35
9.35
9.35
13/08/2019
500
9.00
9.35
9.20
9.00
9.00
13/08/2019
379
9.20
9.35
9.20
9.00
9.00
22/07/2019
1 280
9.35
9.30
9.35
9.35
9.35
17/07/2019
50 000
9.30
9.20
9.30
9.30
9.30
09/07/2019
1 213
9.20
9.20
9.20
9.20
9.20
27/06/2019
3 908
9.20
9.40
9.20
9.20
9.20
11/06/2019
3 219
9.40
9.30
9.40
9.30
9.40
11/06/2019
27 481
9.30
9.30
9.40
9.30
9.40
07/06/2019
2 669
9.30
9.40
9.30
9.30
9.30
22/05/2019
5 000
9.40
9.25
9.40
9.40
9.40
20/05/2019
21 455
9.25
9.01
9.25
9.25
9.25
10/05/2019
77 200
9.01
9.40
9.01
9.01
9.01
09/05/2019
1 055
9.40
9.40
9.40
9.40
9.40
07/05/2019
1 055
9.40
9.50
9.40
9.40
9.40
03/05/2019
21 000
9.50
9.50
9.50
9.50
9.50
02/05/2019
26 500
9.50
9.40
9.50
9.50
9.50
29/04/2019
4 225
9.40
9.40
9.40
9.40
9.40
23/04/2019
2 640
9.40
9.30
9.40
9.40
9.40
12/04/2019
106 750
9.30
9.40
9.30
9.30
9.30
14/03/2019
1 064
9.40
9.40
9.40
9.40
9.40
13/03/2019
37 200
9.40
9.50
9.40
9.40
9.40
08/02/2019
10 400
9.50
9.50
9.50
9.50
9.50
05/02/2019
24 100
9.50
9.50
9.50
9.50
9.50
04/02/2019
6 200
9.50
9.50
9.50
9.50
9.50
31/01/2019
  6 750
9.50
 9.50
 9.50
 9.50
 9.50
30/01/2019
27 100
9.50
 9.50
 9.50
 9.50
 9.50

Dividends

Gondwana has a dividend policy based on a dividend cover of 3 times earnings, meaning that dividends will be 33.3% of net earnings depending on capital requirements.

Dividend History

Declaration Date Last Day to Trade Last Day to Register Payment Date Dividend per share (c)
11/04/2019
03/05/2019
10/05/2019
 24/05/2019
 24

 

 

Director's Dealings

The following transactions have been entered into by directors:

Date Name Number of Shares Price Transaction
     

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