| How is the OCHL group structure organized? |
| | Olympia Capital Holdings Limited (OCHL) is a holding company of one subsidiary and five associate companies. These companies are Olympia Capital Corporation Limited (OCCL) incorporated in Botswana, Kalahari Floor Tiles (Proprietary) (KFT) Limited in Botswana, Plush (Proprietary) Limited in South Africa, Dunlop Industries Limited (DIL) in Kenya, Avon Rubber (K) Limited in Kenya and Gaborone Enterprises (Proprietary) Limited in Botswana. |
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| What Amounts Can an Investor Buy in the rights issue? |
| | The Provisional Allotment letters have indicated allotted shares that one needs to pay for. However, you can apply for additional rights of just buy the rights that will be trading at the Nairobi Stock Exchange within the trading for the period 3rd to 14th September, 2007. |
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| What is a rights issue? |
| | This is an offer to the existing shareholders to subscribe for new issue, usually at a preferential price in proportion to their existing shareholding. For Olympia the rights are 3 new shares for every 1 held at a price of Kshs. 14.00 which represent 31% discount. |
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| What is the difference between a share and a right? |
| | A share is a unit of ownership and for listed company; anybody interest can buy the shares at the stock market at the prevailing market forces. A right is a way through which a company wants to raise capital using its existing shareholders. At the time of allotment, only the existing shareholders who are in the register at record date can qualify to get allotment. |
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| What is the importance of this Rights Issue to the shareholder? |
| | The rights issue is suppose to give the existing shareholders a chance to maintain their shareholding in the company as the company tries to attract more investment. Because the existing shareholders have pre emptive right and a preferential discounted price, it is necessary for a shareholder to participate, otherwise failure to take the right subject the investor to dilution of his/ her shareholding stake. |
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| What is the minimum number of rights that one can buy? |
| | The minimum number of rights you can buy is one hundred. |
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| What is the NSE? |
| | The NSE is the Nairobi Stock Exchange which is a market like any other market. It is a specific form of a capital market where stocks and bonds are bought and sold unlike other markets where we trade clothes, tomatoes etc. |
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| What does Olympia Capital Holdings do to make money? |
| | The company is involved manufacture of vinyl floor tiles, adhesives, PVC floor tiles, aluminum window and floor frame, Industrial Chemicals, curtain trucking and related products |
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| What is PAL? |
| | This means Provisional Allotment Letters that is serialized with the names of the shareholders who qualified for the rights and the number of rights they are allotted. |
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| How do I buy my shares? |
| | To buy your rights, you need to write bankers check in the name of Olympia Capital Holdings Limited Rights issue or pay through your broker. |
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| Is it possible for me to accept only part of the rights? |
| | The Provisional Allotment Letters allow you to accept only part of the Rights. So, you can apply for only the rights you wish to accept. |
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| What is a record date? |
| | This is the last date within which one needs to be in the register to qualify for the rights issue. |
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| If I am not a shareholder of Olympia Capital Holdings Limited, can I still participate in the Rights? |
| | You can, the rights will freely trade in the stock exchange with the price subjected to the rules of supply and demand. Anybody is free to participate. |
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| Is Olympia Capital different from Dunlop Industries Limited? |
| | Dunlop Industries Limited is subsidiary of Olympia Capital Holdings Limited. In 2004, DKL changed its name from Dunlop Kenya Limited to Olympia Capital Holdings limited. |
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