Chamwe Kaira
Recent disclosures on the Namibia and Botswana stock exchanges show that senior executives at FirstRand Namibia Limited and Choppies Enterprises Limited have increased their shareholdings through market transactions and incentive schemes.
At FirstRand Namibia Limited, two directors made separate on-market share purchases this week.
Emla Trust, a family trust linked to director Emile van Zyl, bought 12 136 ordinary shares at N$52.20 per share, amounting to about N$637 782.57. The trust is associated with van Zyl, who serves as both trustee and beneficiary.
The transaction took place on 13 October 2025 after obtaining the required clearance to trade.
On 14 October 2025, executive director Conrad Dempsey increased his personal shareholding by acquiring 38 000 ordinary shares at N$52.30 per share, valued at N$1 998 710.11, including levies and commissions. Regulatory clearance was also obtained before the purchase.
Both transactions were disclosed in line with the Namibia Stock Exchange (NSX) Listing Requirements. Cirrus Securities (Pty) Ltd acted as sponsor for the disclosures.
In Botswana, Choppies Enterprises Limited announced that one of its executives had obtained shares under the company’s Long Term Incentive Scheme. Anjish Pandariparambil Asokan, an executive based in India, bought 200 000 ordinary shares at P0.70 per share, valued at BWP 140 000.
The on-market transaction took place on 14 October 2025.
Motswedi Securities (Pty) Ltd served as the Botswana Stock Exchange sponsoring broker, while PSG Capital acted as the Johannesburg Stock Exchange sponsor.
Caption
Emile van Zyl
