ABAGOLD Shares

Brokers

First National Bank has been appointed as our broker for share trading.

 

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Contact : Hendre le Roux
Telephone : +27 (0) 87 736 6254 or +27 (0) 82 223 0500
Email :hendre.leroux@fnb.co.za

 

How do I buy shares?

  • If you are a prospective buyer you should contact our approved stock broking firm to obtain the relevant trading mandate.
  • The stock broking firm will require you to provide the following documentation:
    • An original signed trading mandate
    • Required FICA documentation
    • Proof of banking details
  • You will be required to deposit the funds into the firm’s Trust account before settlement date.
  • The stock broking firm will place an order to buy the shares into the OTC trading system.
  • The OTC trading system matches the order using the price and time priority rules.
  • The change in beneficial ownership to yourself/your company will take place on or after settlement day.

 

How do I sell my shares?

  • If you are a shareholder looking to sell shares, you should contact our approved stock broking firm to obtain the relevant trading mandate.
  • The stock broking firm will then require you to provide the following documentation:
    • An original signed trading mandate
    • Required FICA documentation
    • Proof of banking details
    • A duly completed and signed CM42 form – to transfer the beneficial ownership from the seller’s name to the nominated broking firm’s nominee company name.
  • The stock broking firm will place an order to sell the shares on the OTC trading system.
  • The OTC trading system matches the order using the price and time priority rules.
  • The proceeds of the sale become available on settlement day.

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