Namibian Competition Commission Advisory Opinion: Proposed Board Change May Require Prior Merger Approval
Trustco shareholders (“Shareholders”) are referred to Trustco’s announcements concerning the General Meeting scheduled for Tuesday, 18 August 2026. At Trustco’s request, the Namibian Competition Commission (“Commission”) considered whether the proposed replacement of Trustco’s entire board, in the context of the Sale and Conversion Agreement (“SCA”) with Riskowitz Value Fund LP (“RVF”) as set out in more detail in the Trustco Circular to shareholders dated 4 December 2024, could constitute an acquisition of control. READ MORE