Created on: October 12, 2021

12 October 2021 – Windhoek - MTC's Chief Human Capital & Corporate Affairs Officer, Tim Ekandjo, says that despite the high uptake of MTC shares which is currently exceeding expectations, there are still enough shares for every Namibian who wish to apply for them.

MTC's Initial Public Offering opened on 20 September and will close on 1 November 2021."We wish to assure the public that there are still enough shares available for everybody to APPLY FOR," said Ekandjo.

MTC has made available 367, 500,000 shares at a share price of N$8.50 per share. A minimum of 200 shares need to be applied for when applying for MTC’s shares for N$1,700.00 per application.