On April 21, 2026, the Ethiopian Capital Market Authority issued a public notice stating that it has approved the registration statement of ZEMEN BANK S.C. and registered Fifteen million (15,000,000) shares already held by shareholders.
The registration is pursuant to Article 4 and 29 of the Public Offer and Trading of Securities Directive No. 1030/2024, all securities, unless expressly exempted from registration, that are offered or sold to the public are required to be registered with the Ethiopian Capital Market Authority, and issuers are required to register securities held by their shareholders prior to the issuance of the Directive.