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Public Notice to Scheme Shareholders - Britam Insurance Company Limited

Britam Insurance Company Limited Scheme Shareholders are hereby reminded of the approved Scheme of Arrangement which is still ongoing since 18 April 2016. Approximately 72% of the scheme shares have been traded so far through Continental Capital Limited, formerly known as CDH Capital Limited.
All outstanding holders of the Scheme Shares are therefore advised to present to Continental Capital Limited original certificates relating to their respective Scheme Shares to receive payment proportionate to their shareholding (less appropriate taxes). In addition to presentation of original share certificates, shareholders shall be required to complete Know Your Customer (KYC) forms.
All cheques shall be made payable to a holder or, in the case of joint holders, to the senior shareholder (a senior joint shareholder being the joint shareholder whose name comes first in the register of members). Payments for Scheme Shares will be made in Malawi Kwacha drawn on a Malawian clearing bank and the encashment of any such cheque shall be a complete discharge by Continental Capital Limited of the obligation to pay for the concerned Scheme Shares.
Scheme Shares pledged in security to third parties shall entitle those third parties to receive payment in proportion to shareholding for the number of Scheme Shares they hold as security and payment to such third parties shall discharge Continental Capital Limited in respect of the obligation to pay the proportionate Purchase Price for the concerned Scheme Shares to the registered shareholder. 
The said share certificates may be delivered to Continental Capital Limited using the following address: -
Continental Capital Limited
Post Office Box 1444, Blantyre
Or personally hand delivered at the following address: -

Continental Capital Limited
1st Flour, Unit House Victoria Avenue
For further inquiries, please contact Continental Capital Limited on +265 01 830638.
Scheme Shareholders from the Central and Northern Region of Malawi are advised to present their original share certificates to CDH Investment Bank, Lilongwe Banking Centre which is situated next to Mchinji roundabout.
Below are the outstanding holders of the scheme shares as at 31st January 2018 required to present their share certificates in order to receive their payment.

Download List of Outstanding Britam Shareholders

  • Executive loan

    Executive loan

  • Asset financing

    Asset financing

  • Prime investors a/c

    Prime investors a/c

  • International trade

    International trade

  • Cash covered loan

    Cash covered loan

  • Foreign currency swaps

    Foreign currency swaps

  • Financial planning

    Financial planning

  • Careers