Trustco MD Quinton van Rooyen was informed at 18h45 yesterday by John Mandy, CEO of the NSX.

It is regarded as big news for the public, as it is the first retail listing on the NSX that enables ordinary Namibians to buy shares.

The prospectus will now be forwarded to the Registrar of Companies for final approval before being released to the public.

This is expected to come into effect on Friday morning, September 1.

Approached for comment last night on this historic event, Van Rooyen said: "Our company ethos has always been to create wealth and to make it accessible to a broad majority of Namibians.

"This represents a step towards the realisation of this goal."

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