Yebo Yethu shares: You can buy and sell shares from Monday 3 February

Fsp Invest, 31 Jan. 2014

Tags: yebo yethu shares, yebo yethu, vodacom, vodacom south africa, buying yebo yethu shares, selling yebo yethu shares, shares, trading, investing, investor, investment, bbbee, trading platform, mtn, zakhele,

Since Yebo Yethu launched back in 2008, if you bought shares, you haven’t been able to do anything with them. But come Monday, you’ll be able to sell them if you want. Or if you didn’t take advantage in 2008, you can buy shares or add to your holding. Let’s take a closer look at what’s going to happen on Monday…

Come 9am on Monday morning, trading of Yebo Yethu shares will begin.

As part of its BBBEE transaction, Vodacom South Africa launched Yebo Yethu Limited. Yebo Yethu put its shares up for sale to African, coloured or Indian people in South Africa.

There are a total of 14,395,300 shares in issue, according to Yebo Yethu.

But under the terms of the deal, investors who bought shares had to hold them for a minimum five year period. And that time period is now up.

On Monday morning, those who bought shares in Yebo Yethu can sell them. Or they can add to their current holding of Yebo Yethu shares. Or if you didn’t buy any back in 2008, you can now buy shares.

Before you can trade in Yebo Yethu shares, you need to check a few things

But before you can do any of these things, you need to make sure you’ve done the necessary paperwork…

According to Yebo Yethu, you must do the following:
  • If you already own shares in Yebo Yethu and want to sell them or buy more, you must make sure that you’ve verified your details. If any of your details have changed, you will have to provide the necessary FICA documentation before you can trade your shares.
  • If you haven’t bought any shares so far, but plan to, you need to register with Yebo Yethu.
To trade (buy or sell) your Yebo Yethu shares, you can do this on the Yebo Yethu trading platform or by phoning their trading desk.

To find out more, just go to the Yebo Yethu website.

Yebo Yethu and Vodacom will be hoping they don’t fall victim to MTN’s experience with its Zakhele shares. In November, trading started on Zakhele shares, but because of “technical glitches” trading only resumed on Wednesday due to the overwhelming response by shareholders, says BDLive.

So there you have it, how you can buy and sell Yebo Yethu shares from Monday.

Related QA

willz asked:
Good day I see the share price of Hulamin has dropped continuously since November 2017. Apparently it is a very good buy. Why does the price keep on [read more]
Published at 10 Feb. 2018 in: Shares & Stock Ideas Share price 1 Answer
BrianD asked:
Can you please advise me what is all required to get set-up for CFD trading? – as per the adverts from Timon? I note the quarterly fee, but what [read more]
Published at 13 Dec. 2017 in: Shares & Stock Ideas Cfd 1 Answer
DRTANYA asked:
I received shares form NETCARE in 2006 and forgot about it and now I am not sure if it is still available or valid anymore - who can I mail or [read more]
Published at 04 Dec. 2017 in: Shares & Stock Ideas 1 Answer
While I have been following Francois suggestions on the Red ?Hot Penny Shares since February this year, I am still not certain how long I am meant to [read more]
Published at 29 Aug. 2017 in: Shares & Stock Ideas Buy Sell Hold 2 answers
nmaranele asked:
Good day, What would be the right amount to invest as a minimum for equities to see tangible results? [read more]
Published at 18 Aug. 2017 in: Shares & Stock Ideas Minimum invetsment 1 Answer

Related articles:



Vuyani Mrubata 2014-02-04 10:30:01

I would like to buy some if are still available ,how much per share is gonna be