BK GROUP PLC Rights Issue Kinyarwanda

TURAKATAZA MU ITERAMBERE ONGERA UMUREGO MU ISHORAMARI, DUSANGIRE INTSINZI YACU.

INCAMAKE Y’AMAKURU YEREKYE IGURISHA RY’IMIGABANE MISHYA KU BASANZWE ARI ABANYAMIGABANE

IBIRIMO

Itangazo ry’ngirakamaro ...................................................................................2 Amakuru Yerekeye Sosiyete Igurisha Imigabane .............................................3 Abahagararira Sosiyete muby’amategeko........................................................4 Ibarwa y’umuyobozi mukuru..............................................................................8 IGICE CYA 1:

INGENGABIHE Y’ITANGWA RY’IMIGABANE MISHYA.......10

IGICE CYA 2:

INCAMAKE Y’IGIKORWA.....................................................11

IGICE CYA 3:

ISOKO..................................................................................16

IGICE CYA 4:

IBYA NGOMBWA BIJYANYE N’UMUGABANE UGURISHWA ...20

IGICE CYA 5:

RAPORO Y’ABAGENZUZI B’IBARURAMARI N’UKO

BABONA RYAKOZW............................................................26

IGICE CYA 6:

IMPUNGENGE N’ INGARUKA MURI IKI GIKORWA.............27

IGICE CYA 7:

ABEMEREWE KUGURISHA IMIGABANE............................30

IGICE CYA 8:

IMIGEREKA.........................................................................31

8.1.

PAL Ibaruwa itanga imigabane by’agateganyo...................................31

8.2.

Ifishi yuzuzwa n’uwegurira abandi migabane yemerewe...................31

8.3.

Ifishi yuzuzwa n’uweguriwe imigabane...............................................32

8.4.

Gutanga uburenganzira bwo guhagararirwa..................................32

8.5.

Ibaruwa ya Banki yishingira ubwishyu bidasubirwaho.................33

8.6.

Icyemezo kidasubirwaho cyo kugura imigabane............................33

ii I&M BANK - RWANDA PROSPECTUS

(Yahoze yitwa Bank of Kigali Limited) Yahawe ubuzima gatozi muri Repubulika y’u Rwanda, kuri N° 100003458 ku Rutonde rw’Amasosiyete

Yanditswe ku rutonde n’Ikigo cy’Igihugu Gishinzwe Iterambere (RDB) nka sosiyete iticururiza ikubiyemo andi kaba iri no ku rutonde rw’amasosiyete yemerewe kugurisha no kugura imigabane ku Isoko ry’Imari mu Rwanda

Inyandiko y’incamake itanga amakuru Ku byerekeye Igurisha ry’migabane isanzwe 222,222,222 mishya igenewe abasanzwe ari abanyamigabane ifite agaciro remezo ka FRw 10 igurishwa ku Giciro cya FRw 270 ku mugabane mushya 1 kuri buri migabane 3 umunyamigabane asanzwe afite

Umujyanama Mukuru mu Gikorwa

Uwahamagaje Igikorwa

Iyi nyandiko yemejwe ku itariki 16 Ukwakira 2018 kandi agaciro kayo kazamara amezi 6 guhera kuri iyi tariki

ABANYAMIGABANE BASHOBORA GUHITAMO KUGURA IMIGABANE YOSE BEMEREWE, KUGURAMO IYO BASHAKA CYANGWA KUTAGURA N’UMWE, KUYIGENERA ABO BASHATSE CYANGWA KUYIGURISHA KU ISOKO RY’IMARI MU RWANDA.(KU BINDI BISOBANURO BIRAMBUYE KU MAHITAMO YATEGANIJWE, REBA IGICE CYA 4 CY’IYI NYANDIKO)

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

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Itangazo ry’ngirakamaro Table of Contents

Niba se waragurishije cyangwa waratanze imigabane yawe isanzwe muri BK Group Plc, usabwe kohereza iyi nyandiko-menyekanisha n’urupapuro rwuzuzwa rusaba uburenganzira ku ugura cyangwa usaba kohereza imigabane, cyangwa ushinzwe kuranga imitungo igurishwa cyangwa se

IYI NYANDIKO IKUBIYEMO AMAKURU Y’INGENZI AKWIYE KWITABWAHO umukozi wagize uruhare mu kugura cyangwa kugurisha imigabane, kugira KUBERA KO IGIZWE N’AMAKURU AJYANYE N’AMATEGEKO, ISOKO ngo bigere ku muguzi cyangwa uwatanze imigabane.

NDETSE N’AMATEKA YO HAMBERE, AYA VUBA N’AZAZA YOSE AGENA Important Notice................................................................................................5 ICUNGAMUTUNGO. Inshingano z’abayobozi Iyi nyandiko (hamwe n’izindiCorporate zikubiye muInformation.......................................................................................8 cyiswe Inyandiko-menyekanisha) Inyandiko-menyekanisha yageze ku Bagize Inama y’Ubutegetsi b’Itsinda ni ijyanye n’imigabane 222,222,222 isanzwe y’agaciro-zina k’amafaranga 10 bararyemeza. Abayobozi bafite amazina agaragara ku rupapuro rwa 7, bose y’u Rwanda BK Group Plc ryageneye abanyamuryango, buri mugabane ukaba Advisors to the Transaction ..............................................................................10 hamwe no ku giti cyabo bemera inshingano zabo byimazeyo ku bijyanye ugura amafaranga 270 y’u Rwanda(igiciro cy’umugabane) kuri buri mugabane n’ukuri kw’amakuru kuri iyi nyandiko agize iyi Nyandiko-menyesha kandi (“Imigabane mishya”)..Bagendeye ku mategeko n’amabwiriza akubiye muri bahamya ko, nyuma yo gukorana ubushishozi amaperereza kuri iyi nyandiko iyi nyandiko-menyekanisha, Letter kuri uyu wa kabiri tariki 23 Ukwakira 2018 from the Chairman..................................................................................17 kandi bakarahiye mbere yo kubisinyira (nyuma yo kwiyumvisha neza ko saa sita z’amanywa (Itariki yo kwiyandikisha), ba nyiri’imigabane isanzwe ari uko ikibazo giteye) ko nta makosa ayirimo cyangwa amakuru ashobora (Abanyamigabane) bazahabwa uburenganzira bwo kwandikisha imigabane kuyobya abantu cyangwa se kugira icyo yahungabanya kubo igenewe. mishya hashingiye ku nyunguSECTION bafite mu isosiyete bashoyemo imari 1: Timetable foryabo. the Offer........................................................19 Ubujyanama Bukuru bw’Imirimo buremeza ko, bashingiye ku makuru bafite Itangwa ry’iyi migabane rigizwe (1) n’uburenganzira abanyamigabane, kuri SECTION 2: uburenganzira Executivebwo Summary.............................................................20 kandi bemera badashidikanya, Inyandiko-menyekanisha ari ubuhamya iyi tariki y’iyandikisha, bahabwa bandikisha kwimura bwuzuye kandi nyakuri bw’ibimenyetso ku birebana no gutanga imigabane, imigabane yabo 3 isanzwe nk’uko yari imeze kuri iyo tariki (Uburenganzira) bakaba kandi bishimiye ubwabo ko inyungu iyo ariyo yose cyangwa kugira ngo bandikishe imigabane mishya ku giciro cy’imigabane SECTION 3: The Offer..............................................................................28 amafaranga abayobozi bateganya, iteganijwe gushyirwa mu Nyandiko(Uburenganzira ku migabane), hanyuma(2) imigabane iyikomokaho, mu menyesha ikaba yaremejwe n’abayobozi bakuru nyuma kuyicukumburana migabane mishya itarahawe uburenganzira cyangwa se itarafashwe mu gihe no gusuzumwa n’abacungamari. Abateganya gushora imari yabo cyo gutanga imigabane (nk’uko bisobanuwe muri and iyi nyandiko) iyo of ubushishozi SECTION 4: hepfo Terms Conditions the Offer......................................34 ntibagomba kumva ko aya makuru akubiye muri iyi nyandiko-menyekanisha migabane ikazagurishwa ku giciro cyo hasi ugereranije n’igiciro fatizo. ari ihame buri gihe usibye itariki yashyiweho umukono. Iyi nyandikoSECTION 5: Reporting Accountants’ Report & Legal Opinion...............44 menyekanisha iramutse ishyizwe ahagaragara igihe cyose nyuma y’itariki Uburenganzira bujyanye n’imigabane buzubahirizwa mu Rwanda hifashishijwe yateguriweho ntibyagaragara ko nta mpinduka zahabaye cyangwa se ko ayo itegeko No01/2011 ryo ku wa 10/02/2011 rigena isoko ry’imigabane mu makuru yatanzwe adahuye n’iyi nyandiko-menyekanisha ari ukuri igihe cyose Rwanda. Uburenganzira ku SECTION migabane bwemerewe gushyirwa ku rutonde 6: Authorized Selling Agents (ASAs)......................................44 itariki yatanzweho iba igaragara. rw’Ikigo cy’igura n’igurishwa ry’imigabane mu Rwanda (RSE).

Aho ibikorwa by’igurisha bigarukira Appendices.........................................................................45 Iyi nyandiko-menyekanisha SECTION itangwa na7: nyir’ubwite wemewe mu rwego rw’amategeko, hubahirijwe ibisabwa n’amabwiriza rusange agenga Umugabane watanzweho ingwate ntugenewe kugurishwa, nta n’ubwo iyandikisha No.01/2010/ORG ryo ku wa 12/04/2010 ajyanye n’amabwiriza 7.1.

PAL Form............................................................................................45 byemewe ko bawugura; igikorwa nk’icyo gifatwa nk’ikidakurikije amategeko (Inyandiko-menyekanisha) y’’itegeko No017/2018 ryo ku wa 13/04/2018 mu rukiko urwo ariro rwose. rigenga itangwa ry’imigabane ryerekeye amasosiyete (Itegeko rigenga amasosiyete mu Rwanda), n’itegeko 7 ryo ku 6 Kamena 2012 rigena 7.2. NoForm of wa Renunciation.........................................................................47 imitangire rusange y’isoko ry’imigabane (CMA) mu Rwanda n’amabwiriza Ingwate bivuga imigabane itanzwe hanze ya Leta Zunze Ubumwe za Amerika agenga ikigo cy’igura n’igurishwa ry’imigabane (RSE). hashingiwe ku mategeko S y’Iteka 1933 rigena imitangire y’ingwate ku 7.3.

Form of Entitlement............................................................................49 mitungo itimukanwa muri Leta Zunze Ubumwe za Ameika nk’uko yahinduwe (Iteka rigena Urwego rushinzwe amasoko y’imigabane (CMA) cyandikiwe ibarwa isaba uburenganzira bujyanye n’itangwa ry’imigabane, kikaba cyarabutanze 7.4.

Power of Attorney...............................................................................51 kinadushyira ku rutonde rw’abanyamigabane nta ngorane. Nk’uko amategeko Ingwate ku mitungo itimukanwa). agenga ikigo gishinzwe imigabane ya Leta abiteganya, nta ruhare na rumwe gifite ku bijyanye n’ikosoramvugo, byiza seBank cyangwa amaraporo 7.5. ibitekerezo Irrevocable Guarantee...............................................................52 Imigabane ntabwo yanditswe nta n’ubwo izandikwa mu iteka rigena ingwate bikubiye muri iyi nyandiko-menyekanisha. Ukwemezwa k’uburenganzira ku ku mitungo itimukanwa cyangwa ngo ibe yashyirwa mu mitungo igurishwa mu migabane no gushyirwa ku rutonde kw’imigabane mishya ku kigo cy’igura mategeko y’igihugu icyo aricyo cyose kigize Leta Zunze Ubumwe za Amerika, n’igurisha ry’imigabane ntibikwiye gufatwa nk’ibihembo by’ 7.6.

Irrevocable Letterby’itsinda, of Undertaking......................................................53 Ubwami bw’Ubwongereza, Canada, Australia cyangwa Ubuyapani, kandi ku amashami yaryo se cyangwa by’imigabane mishya. Ntabwo Ikigo cyigeze mpamvu izo arizo zose, ntigomba gutangwa, kugurishwa se, gutangwaho cyemera cyangwa ngo cyange ingwate zishingiye ku mitungo itimukanwa. cyangwa kwimurirwa muri Leta Zunze Ubumwe za Amerika ku 7.7.

CSD Form 1 (a) – Account Openingingwate Form (Individuals).....................54 nyungu z’abanyamerika ku giti cyabo, nk’uko byanditswe mu mategeko S, Ikigo gishinzwe igura n’igurishwa ry’imigabane cyatanze uburenganzira cyangwa ngo bigirire akamaro ako ariko kose abaturage bo mu Bwongereza, bwo gushira ku rutonde abanyamigabane bashya. ko igurishwa 7.8.

CSD FormBiteganijwe 1 (b) – Account OpeningCanada, Form (Companies)....................55 Australia cyangwa Ubuyapani. Iyi nyandiko cyangwa kopi yayo ry’imigabane ku kigo cy’igura n’igurishwa rizatangira ku wa gatanu, tariki ya ntibigomba koherezwa cyangwa kujyanwa muri Leta Zunze Ubumwe za 30 Ugushyingo 2018 saa tatu za mu gitondo. Ikigo gishinzwe igura n’igurishwa Amerika, Ubwami bw’Abongereza, Canada, Australia cyangwa Ubuyapani, 7.9.

CSD Form 5 – Pledge Form................................................................56 ry’amasoko ya Leta ntacyo gishobora guhindura ku nyandiko, ibitekerezo se ikaba kandi itemerewe guhabwa umuturage uwo ariwe wese wo muri Leta cyangwa amaraporo yatanzwe mu rwego rw’iyi nyandiko-menyekanisha.

Zunze Ubumwe za Amerika.

Uburenganzira ku migabane no gushyirwa ku rutonde rw’ikigo gishinzwe Form 7gufatwa – Private Transfer ku Form.....................................................57 igura n’igurishwa ry’amasoko7.10. ya LetaCSD ntibikwiye nk’ibihembo Inyongera ku Nyandiko-Menyekanisha itsinda, amashami yaryo se cyangwa imigabane mishya.

Hari ibarwa yandikiwe ikigo cy’amasoko ya Leta ya Kenya (Kenya CMA) no ku kigo gishinzwe igura n’igurishwa ry’imitungo itimukanwa y’icyo gihugu (NSE), kikaba cyaremeye gushyira imigabane ya BK Group Plc ku rutonde rw’abashoramari b’ingenzi ku isoko ry’imigabane(MIMS) ry’ikigo cy’igura n’igisha NSE. Nk’uko bitaganywa n’itegeko rigenga amasoko y’imigabane, ntacyo ikigo gishobora guhindura ku nyandiko, ibitekerezo se cyangwa amaraporo bigize iyi nyandiki-menyekanisha. Kwemererwa ku rutonde bijyanye no gushyirwa kurw’ikigo gishinzwe igura n’igurisha ry’imigabane muri Kenya ntibikwiye gufatwa nk’igihembo ku itsinda, amashami se cyangwa imigabane yaryo.

Abateganya gushora imari bagombye kwita ku bivugwa imbere mu mutwe wiswe “Impamvu zo gutinyuka gushora” mu gika cya 9. Uramutse ushidikanya ku bisobanuro by’ibikubiye muri iyi nyandiko-menyekanisha cyangwa se ingamba wafata, wakwegera banki yacu y’ishoramari, umujyanama ushinzwe imari, ushinzwe kuranga imitungo igurishwa, cyangwa umujyanama wabigize umwuga, wemewe n’amategeko agenga amasoko y’imigabane, inzobere mu bujyanama ku bijyanye no kwakira imigabane cyangwa indi mitungo itimukanwa ifite aho ihuriye n’ingwate.

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BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

Haramutse habayeho impinduka ijyanye n’ibikubiye muri iyi nyandikomenyekanisha cyangwa se ikosa rishobora kugira ingaruka ku isuzumabikorwa ry’itsinda, andi makuru y’inyongera ashyizweho umukono n’urwego rw’abanyamategeko yashyirwa ahagaragara.

Amagambo akoreshwa agaragaza agateganyo Iyi nyandiko-menyekanisha igizwe n’amagambo akoreshwa mu ngingo z’agateganyo zerekeye ubucuruzi bwa Sosiyete. Izo ngingo zagaragazwa n’ikoresha ry’amagambo nka: “aremera ko....”, “yiteze ko”, “yagombye...”, “yitezweho ko....”, “ azakora....”, “azakomeza....”, “yakagombye....”, “yagombye kuba....”, “agamije cyangwa igamije....”, “arebye kure...” cyangwa imvugo zisa n’izo cyangwa se zizivuguruza, cyangwa izijya gusa nazo, cyangwa bitewe n’impaka zishingiye ku ngamba zitekerezwaho. Izi ngingo zigaragaza ibitekerezo Sosiyete ifite murri iki gihe ugereranije n’ibikorwa biri imbere, bikaba bishobora gukomwa mu nkokora n’impamvu izo arizo zose. Hari impamvu nyinshi zishobora gutuma umusaruro wa Sosiyete muri iki gihe utandukanye n’uwo mu bihe bizaza, kubivuga hagakoreshwa amagambo afitanye isano n’agateganyo nk’ayavuzwe haruguru. Zimwe muri izo mpamvu zasobanuwe bihagije mu mutwe wiswe” Impamvu zo gutinyuka gushora”

no mu” Impine y’ubucuruzi”. Zimwe muri izi ngorane ziramutse zigaragaje cyangwa se ibyateganijwe ntibigerweho, umusaruro wagabanuka ku buryo bugaragara ugereranije n’ibikubiye muri iyi Nyandiko-menyekanisha.

umushahara kandi nta n’umwe ufitemo imigabane, yaba ifatika yaba se ifitanye isano n’inyungu za Sosiyete.

Ibitekerezo bijyanye n’amategeko

Uburenganzira cyangwa ibyemezo Ikigo cyitwa Renaissance Capital (Rwanda) Limited gishinzwe Ubujyanama bw’Imirimo, BK Capital nk’umuterankunga, umwanditsi n’umuhuza , Trust Law Chambers nk’urwego rw’abagishwanama mu mategeko, PricewaterhouseCoopers nk’itsinda ry’abacungamutungo, Banki ya Kigali nk’umwakirizi, na Hope Holdings Ltd nk’urwego rw’abajyanama bashinzwe kumenyekanisha Sosiete, kwakira no kuyobora abashyitsi byemeye ko amazina yabyo ashyirwa muri iyi nyandiko-menyekanisha kandi ntibyigeze byanga ko ibyemezo byabo bikoreshwa mbere y’uko inyandiko ishyirwa ahagaragara.

Nta n’umwe muri aba bajyanama Sosiyete yigeze ifata nk’umukozi ugenerwa

Ikigo Trust Law Chambers nticyigeze na rimwe cyanga ko izina ryacyo ndetse n’amazina y’abishingizi agaragara mu nyandiko-menyekanisha y’igitabo cyabo cy’amategeko, nk’uko yanditse no mu miterere yayo.

Raporo y’abacungamutungo Ikigo PricewaterhouseCoopers Rwanda Ltd cyatanze uburenganzira kandi cyemera ko bukomeza kubaho ku birebana na raporo imaze kuvugwa, nk’uko biteganijwe muri iyi nyandiko-menyekanisha.

AMAKURU YEREKEYE SOSIYETE IGURISHA IMIGABANE 1.1.

Izina rya Sosiyete

BK Group Plc

1.2.

1.3.

1.4.

1.5.

1.6.

1.7.

1.8.

1.9.

Igihugu Itariki yemerewe N° y’ ibarura Icyicaro gikuru Igishoro cy’ imigabane yemerewe Imigabane yashyizwe ku isoko ikagurwa Umwaka w’ ibaruramari Website

The Republic of Rwanda 22 December 1966 100003458 BK Group PLC Building KN4 Ave No 12, Plot No 790 P.O. Box 175 Kigali, Rwanda FRw 10,504,600,000 FRw 6,745,370,000 31 December https://www.bk.rw

1.10. Abagize Inama y’Ubuyobozi Amazina

Ibyo ashinzwe

Ubwenegihugu Aho abarizwa

Marc Holtzman

Umuyobozi mukuru

American

Richard Tushabe1 Dr. Diane Karusisi

Umuyobozi w’ icyubahiro CEO

Umunyarwanda Umunyarwanda

Tower 2,1st Floor, The Lily, Hong Kong, China Rwanda Social Security Board-KN 3 Rd, Kigali P.O. Box 175 Kigali, Rwanda

Umwuga

Imyaka y’amavuko

Umuhanga mw’ ishoramari

58

CEO, RSSB

46

CEO, BK Group

43

Julien Kavaruganda

Umuyobozi w’ Umunyarwanda icyubahiro wingenga

Rwanda Bar Association-KK 500 St

Perezida, , Rwanda Bar Association

37

Reuben Karemera

Umuyobozi w’ icyubahiro

Umunyarwanda

Minisiteri y’ imari n’ igenamigambi --12KN 3 Avenue, Kigali

Umuyobozi mukuru w’ icungamari

40

Alline Kabbatende

Umuyobozi w’ icyubahiro wigenga

Umunyarwanda

WEF-1201 Ralston Avenue, San Francisco,CA 94129

Lillian Kyatengwa2

Umuyobozi w’ Umunyarwanda icyubahiro wingenga

GoR Rep for World Economic Forum Chief Strategy Officer, Aviation Travel & Logistics Holding

KAMI Building KN5, Remera, Kigali

31 41

1.11. Umunyamabanga

Emmanuel Nkusi Batanage KN4 Ave No 12, Plot No 790 P.O. Box 175 Kigali – Rwanda

1.12. Abagenzuzi

PricewaterhouseCoopers Rwanda Limited 5th Floor, Blue Star House, Kacyiru P.O. Box 1495 Kigali – Rwanda

1. Yashyizweho kuwa 22 Ukwakira 2018, bisigaje kwemezwa na njyenzuzi.

2. Yashyizweho kuwa 22 Ukwakira 2018

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

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1.13. Abahagararira Sosiyete muby’amategeko Emmanuel Rukangira

Athanase Rutabingwa

P.O. Box 3270

P.O. Box 6886

Kigali – Rwanda

Kigali - Rwanda

Abajyanama mu gikorwa Banki yakira amafaranga y’imigabane

Renaissance Capital (Rwanda) Limited Centenary Ground, 3rd Floor, No. 16 Kigali, Rwanda Tel: +254 (0)20 368 2000 Email: inforwanda@rencap.com Website: www.rencap.com

ABAJYANAMA MU BY’AMATEGEKO Y’U RWANDA

Trust Law Chambers KG 569 Street, TLC House, Kacyiru P.O. Box 6679, Kigali, Rwanda Tel: +250-252 503075 Email: info@trustlawchambers.com Web: www.trustchambers.com

BANKI YAKIRA AMAFARANGA

Bank of Kigali PLC BK Group PLC Building KN4 Ave No 12, Plot No 790 P.O. Box 175 Kigali, Rwanda Tel: +250 252 593100 Website: www.bk.rw

ABANDITSI B’IMIGABANE

BK Capital Limited BK Group PLC Building KN4 Ave No 12, Plot No 790 P.O. Box 175 Kigali, Rwanda Tel: +250 252 593100 Website: www.bk.rw

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BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

Abanditsi b’imigabane mu Rwanda

BK Capital Limited BK Group PLC Building KN4 Ave No 12, Plot No 790 P.O. Box 175 Kigali, Rwanda Tel: +250 252 593100 Website: www.bk.rw

Abagenzuzi

PricewaterhouseCoopers Blue Star House, 5th Floor, Blvd de I’Umuganda, P.O. Box 1495, Kigali, Rwanda Tel: +250-252 588203/4/5/6 Email: info@pwc.com Web: www.pwc.com/rw

Abashinzwe imibanire mu gikorwa no gukwirakwiza amakuru

Hope Holdings Limited Kigali Heights,West Wing, 3rd Floor Kimihurura,Gasabo, Kigali,Rwanda Tel: +250 788 524 189 Email: info@hope-mag@.com Website: www.hope-mag.com

Amagambo ahinnye n’ibisobanuro byayo Uretse aho akamenyetso(i) kanditse mu nteruro, amagambo agaragaza ubuke akubiyemo n’ubwinshi cyangwa ubwinshi bugize ubuke; naho (ii) yerekana igitsina (gore/gabo); (iii) akaba amagambo y’abantu bagize amasosiyete cyangwa ibigo by’imari cyangwa ibigo by’imari bihagarariwe n’abantu; na (iv) kagize amagambo yanditse mu nyuguti nkuru azavugwa kandi yumvikane hakurikijwe iyi Nyandiko-menyekanisha.

Aho byabaye ngombwa ko hagaragara amazina y’abantu cyangwa y’ibigo babazwa iby’iyi Sosiyete ni nk’igihe cyo guhindura, kwagura, gusimbura se ingingo z’itegeko zatowe cyangwa zashimangiwe bundi bushya.

IJAMBO

IGISOBANURO

“AGM”

Inama Rusange Ngarukamwaka y’abafatanyabikorwa(Annual General Meeting) nk’uko biteganijwe mu ngingo z’amategeko ya Sosiyete

“Kwishyura amafaranga”

Umubare w’amafaranga y’u Rwanda yishyuriwe ku mukozi wemewe cyangwa kuri Banki ukaba ari igiciro cy’umugabane ukubye n’umubare w’abanyamigabane bashya hakurikijwe amategeko ari ku rupapuro biyandikishirizaho.

“Ingingo cyangwa” or ubunyamuryango”

Inyandiko n’ingingo zigize ishyirahamwe rya Sosiyete

“Umugenzuzi w’imari”

PricewaterhouseCoopers

“Sheki yemewe”

Abanyamabanki cyangwa abakozi bemewrewe kugurisha amasheki

“Abakozi bashinzwe kugurisha” cyangwa “ASA” cyangwa “Umukozi wemewe”

Bariya bahuza abagura n’abagurisha bemewe n’amategeko, amabanki y’ubucuruzi yemewe, na za banki zakira amafaranga ziri ku rutonde mu mutwe wa 16

“Itsinda BK” cyangwa “BK” cyangwa “Itsinda” cyangwa “Sosiyete”

Itsinda BK Plc, isosiyete ya Leta ikora hakurikijwe amategeko y’u Rwanda ifite nomero 100003458, ikaba yanditswe nk’ishami rinyamahanga muri Kenya kuri nomero CF/2012/91559, rigaragara ku rutonde rw’ikigo gishinzwe igura n’igurisha ry’imigabane kandi ikora nk’isosiyete idakora nk’andi masosiyete kubera udushami twayo harimo na Banki

‘’Bank’’ Banki

Banki ya Kigali PLC, ishami ry’Itsinda BK rikora nka Banki y’ubucuruzi mu Rwanda kuva kuya 21 Ukuboza 2017, rikaba ryanditswe kuri nomero 107610471, icyicaro cyayo kikaba I Kigali.

Sheki ya banki

Sheki itanzwe na banki y’ubucuruzi yemewe na Banki Nkuru y’u Rwanda

Belgolaise

Belgolaise S.A., a bank incorporated in Belgium

BNR

Banki Nkuru y’u Rwanda

Abagize Inama y’Ubutegetsi

Abagize Inama y’Ubutegetsi b’Itsinda, rigizwe n’abantu bavuzwe mu mutwe wa 8 nk’abayobozi b’Itsinda BK.

BVPS

Agaciro k’igitabo kuri buri mugabane (Book Value Per Share)

Inama y’Abaminisitiri

Abagize Inama y’Abaminisitiri ba Leta y’u Rwanda

Caisse Sociale du Rwanda

Ikigo cy’ubwiteganyirize bw’abakozi mu Rwanda

CAGR

Ikigereranyo mbumbe cy’umwaka (Compound annual growth rate)

Amategeko agena itangwa ry’amasoko (Capital Markets Legislation)

Ni Itegeko No. 23/2017 ry’Ikigo cy’Amasoko n’Imari hamwe n’Itegeko No. 01/2011, rimwe mu mategeko y’u Rwanda n’andi mategeko arishamikiyeho, amategeko n’amabwiriza; amategeko n’amabwiriza y’Ikigo gishinzwe kugura no kugurisha imigabane, n’andi mategeko akoreshwa mu rwego rw’amasoko y’imari n’imigabane mu Rwanda

CAR

Agaciro k’imitungo bwite kangana n’umutungo wose hamwe ugabanije n’uwashyizwe mu gishoro (Capital Adequacy Ratio)

CSD

Uburyo bwashyiriweho kubika impapuro z’igenagaciro k’imitungo n’imigabane y’abantu buyoborwa na Banki Nkuru y’u Rwanda (Central Securities Depository)

Konti ya CSD

Konti y’imitungo n’imigabane yafunguwe kandi igacungwa mu buryo bwo kubika impapuro z’igenagaciro ku mitungo (CSD) cyangwa abakozi bayo bemewe hubahirijwe itegeko ry’u Rwanda No. 26/2010 of 28/5/2010 rigenga ifatira n’irekurwa ry’imitungo nk’uko ryashyizwe mu igazeti ya Leta yo ku wa 28 Gicurasi 2010

Itariki ntarengwa

09 Ugushyingo 2018

COMESA

Umuryango w’ibihugu bihuriye ku isoko rimwe w’ibihugu by’Afurika y’iburasirazuba n’Amajyepfo

Umutungo-fatizo (Core Capital) cyangwa Icyiciro cya 1 cy’umutungo(Tier I Capital)

Umutungo uhoraho w’abanyamigabane ugizwe n’imigabane yishyuwe yose hiyongeyeho iyashyizwe ku ruhande bitari ku bushake n’indi mitungo yose idakorwaho

Ishyirwa ku rutonde (Cross Listing)

Ishyira ku rutonde rw’ikigo cy’igihugu cy’igura n’igurishwa ry’imigabane y’Itsinda BK

Urupapuro rwuzuzwa CSD(CSD 1R Form)

Urupapuro buzuza bafungura konti ya CSD

Urupapuro rwuzuzwa CSD 5R

Urupapuro rugenewe kuzuzaho ibijyanye n’impano (CSD Pledge Form)

Afurika y’iburasirazuba

Abatuye mu Muryango w’ibihugu bigize Afurika y’iburasirazuba habariwemo amasosiyete akorerera muri ibyo bihugu

Umuryango w’ibihugu by’Afurika y’iburasirazuba (East African Community) cyangwa EAC

Umuryango uhuriweho n’ibihugu byo mu karere bigizwe n’ibihugu bikurikira: u Rwanda, Kenya, Tanzaniya, Sudani y’Epfo na Burundi, washyizweho n’iteka ry’abakuru b’ibyo bihugu, ufite icyicaro I Arusha muri Tanzaniya

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

5

Definitions & Abbreviations (Birakomeza)

6

IJAMBO

IGISOBANURO

EFT

Uburyo bwo kohererezanya amafaranga hifashishijwe ikoranabuhanga (Electronic Funds Transfer)

EGM

Inama idasanzwe y’abanyamigabane yatumiwe hakurikijwe amategeko y’Itsinda idafite aho ihuriye n’inama rusange ngarukamwaka (AGM)

Umunyamigabane wemewe

Umunyamigabane wiyandikishije nk’ufite imigabane igihe cy’iyandikwa

Umuntu wemerewe

Abanyamigabane bemewe hamwe n’abantu bandi baguze uburenganzira mu gihe cyashyiriweho uburenganzira bw’igurisha.

Umukozi

Umuntu wese ukorera Itsinda rya BK guhera itariki iyi nyandiko-menyekanisha ishyiriwe ahagaragara

Uburenganzira

Uburenganzira bw’umunyamigabane wemewe ku itangwa ry’imigabane igurishwa (umuguzi cyangwa ushubije uburenganzira) hakurikijwe itegeko ku burenganzira no ku giciro cy’imigabane.

Urupapuro rwuzuzwa n’umunyamuryango usaba kwemererwa cyangwa “PAL”

Ibarwa cyangwa urupapuro E cyangwa R ruhabwa umunyamigabane by’agateganyo nk’uko rugaragara hepfo.

Ikigereranyo cy’uburenganzira

Umugabane umwe (1) kuri buri migabane itatu isanzwe (1:3)

EPS

Umugabane umwe (1) kuri buri migabane itatu isanzwe (1:3)

ESOP

Gahunda y’umukozi w’Itsinda ku mugabane biteganywa n’iyi nyandiko-menyekanisha (Employee Share Ownership Plan)

Imigabane isanzweho

Imigabane isanzwe y’agaciro k’amafaranga 10 y’amanyarwanda yose ikaba iy’itsinda BK PLC kandi icungwa n’abanyamigabane bemewe guhera itariki y’iyandikisha ry’imigabane.

Urupapuro A

Urupapuro rw’ububasha bwo guhagararirwa bugomba kuzuzwa n’abantu bemerewe bifuza kwandikisha abandi bantu ngo babahagararire byemewe n’amategeko cyangwa se umukozi uri mu kigwi cyabo hakurikijwe ibiteganywa mu ngingo z’amategeko

Urupapuro E

Urupapuro rw’uburenganzira rukoreshwa na buri muntu kandi rwashyizweho ku nyungu ze, mu rwego rw’uburenganzira bwaguzwe binyuze mu kigo cy’igura n’igurisha cyangwa iringaniza mu makonti CSD

Urupapuro R

Urupapuro rwandikiwe undi muntu rwuzuzwa n’umunyamigabane wemewe mu gihe yumva adashaka uburenganzira bw’agateganyo

FRw cyangwa or FRW

Ifaranga ry’u Rwanda, ifaranga ry’igihugu rikoreshwa mu Rwanda

GDP

Umusaruro Mbumbe w’igihugu

“GoR” or “the Government”

Leta y’u Rwanda

“IBG”

Ibarwa itanga inguzanyo ya Banki itangwa na banki y’ubucuruzi ifite ibyangombwa bya BNR, urugero rwyo rukaba ruboneka ku mugereka wa 14 kandi rushobora gukoreshwa n’umuntu ubyemerewe akishyura ku giti cye hakurikijwe ibitegenywa n’iyi nyandiko-menyekanisha.

“ILU”

Ibarwa yo guhesha inguzanyo ubyiyemeje (Irrevocable Letter of Undertaking) Reba urugero ku Mugereka wa 14. Umushoramari ashobora gukoresha yi nyandiko ayidhyuriye agakurkiza ibikubiye muri iyi nyandiko.

“IFRS”

International Financial Reporting Standards Imiromgo mpuzamahanga igenderwaho mu kwandka raporo

‘’IMF’’

International Monetary Fund Ikigega Mpuzaamhanga cy’Imari

“Information Memorandum” or “IM”

Inyandko Itanga Amakuru ku migabane mishya iriho itariki [•]

‘Information Memorandum Instructions’’

Amabwiriza y’Umwanditsi Mukuru w’Amasosiyete y’Ubucuruzi No. 01/2010/ORG yo kuwa 12/04/2010 yerekeye imiterere n’bikubye mu nyamdiko zitanga amakuru ku migabane mishya nk’uko yagiye avugurrwa

“Issued Price”

Igiciro cya FRw 270 kuri buri mugabane mushya

“Lead Transaction Advisor” and “Sole Bookrunner”

Umujyanama Mukuru” ushinwe no kwandka imigabane Renaissance Capital (Rwanda) Limited

“Legal Advisor” or collectively as “Legal Advisors”

Umujyanama cyangwa abajyanama mu by’amategeko:Trust Law Chambers mu Rwanda na Coulson Harney LLP (icuruza ku izina rya Bowmans) muri Kenya.

“Listing”

Kwakira imigabane mishya ku rutonde rwemewe n’Isoko ry’mari mu Rwanda ()RSE

“Listing Date”

Itarki imigabane mishya yandikiwe muri RSE

“MFI”

Micro-finance Institution Ikgega cy’mari giciriritse

“MINECOFIN”

Mimisiteri y’Imari n’Igenamigambi mu Rwanda

“NBAs”

Imiryango itari iy’ubucuruzi, harimo daharanira inyungu iy’ubugiraneza, shingiye ku madini, iy’uburezi n’indi etc

‘’NGO’’

Non- Governmental Organization/Umuryano udashingiye kuri Leta

‘’NISR’’

National Institute of Statistics of Rwanda/Ikigo gishinzwe Ibarura mu Rwanda

“NPL”

Non-Performing Loans /Inguzanya zitishyuwa uko byateganijwe

“NSE”

The Nairobi Securities Exchange/ Isoko ry’Imari ry Nairobi

“Offering” or “Offer”

Gushyira imigabane ku isoko haeimo (i) kugurisha abasanzwe ari abanyamigabane, no (ii) Kugursha iyasagutse

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

Definitions & Abbreviations (Birakomeza) IJAMBO

IGISOBANURO

“Offer Period”

Guhera ariki yo gutangira kugurisha imgabane n’iyo gufunga igurisha

"Offer Shares" or “New Shares” or “New Offer Shares”

Imigabane mishya 222,222,222 ishyzwe ku isoko ihereye ku basanzwe ari abanyamigabane

“Office National des Postes”

National Post Office/Iposita

“Opening Date”

Itariki yo gufungura igurisha ry’imgabane mishya[29 October Ukwakira 2018]

“P/BV”

Price-book value ratio / Igciro cy’umugabane ku isoko kigereranijwe n’ikiri mu bitabo by’ibaruramari

“PAL” or “Provisional Allotment Letter”

Ibaruwa yandikirwa abanyamigabane ibereka iyo bemerewe isaba kumenyekanisha ko bayemeye yose cyangwa igice cyayo nk’uko bivugwa ku mugereka wa 14

‘’PE’’

Price-earnings ratio/ ijanisha ry’igiciro cy’umugabane kigereranijwe n’umusaruro wawo

“POS”

Point of Sale/ahantu hagurishirizwa igicuruzwa

QII

Ikigo gishora imari ku buryo buzwi bwemewe; gishobora kuba ari sosiyete y’ubucuruzi ikigo cy’imari, abashoramari bibumbiye hamwe, ikigo gicunga imari cyangwa ibindi bigo bisanzwe bifite imari y’igishoro bicunga, haba ari ku bwabyo bwite cyangwa bhagarariye abakirya, byemewe na BK Group

“Receiving Bank”

Banki yakira amafaranga y’imigabane:Bank of Kigali PLC

“Record Date”

Itariki 22 Ukwakira 2018 igitabo cy’abanyamigabane kizafungwa kugira ngo habarwe migabane mishya abanyamigabane bazagenerwa

“Registrar” or “Share Registrar” collectively “Registrars”

Abanditsi b’imigabane: BK Registrars Limited mu Rwanda na CDSC Registrars muri Kenya

“Reporting Accountants”

Abagenzuzi bigenga: PricewaterhouseCoopers

“Rights”

Uburenganzira ku migabane mishya bushobora kwimurirwa ku bandi. Abanyamigabane bahabwa amahirwe ya mbere yo kugura imigabane hakurikijwe amabwrza ari mu nyandiko itanga amakuru amakuru n’ifishi ya

“Rights Issue”

Migabane mishyaabasanzwe ari abanyamabane ku itariki y;ibarura bahabwe uburenganzira bwabo ku

“Rights Shares”

Imigabane mishya igenewe abasanzwe ar abanyamgabane ba Sosiyete

“Rights Offer Period

Igihe imigabane mshya izamara ku isoko. Bivuze guhera 9.00 am ku itariki 29 Ukwakira 2018 kugeza 5.00 pm ku itariki 9 Ugushyingo 2018] (amatariki yombi abariwemo)

“RSSB”

The Rwanda Social Security Board/Ikigo cy’Igihugu cy’Ubwiteganyrize

“RSE”

The Rwanda Stock Exchange/Isoko ry’imgabane mu Rwanda

“RTGS”

Real time gross settlement

‘’Rump Offer’’

Gushyira ku isoko imigabane itarafashwe n’abanyamigabane mu gihe ikagurishwa ku giciro cy’ndi migabane yaguzwe Price to QIIs

“Rump Shares”

Imigabane isigara itaguzwe nyuma yo gufunga isoko ry’imigabane yari igenewe abasanzwe ari abanyamigabane.

Ishyirwa ku isoko ikagenerwa ibigo bishora imari nini ku buryo buzwi bwemewe

‘’Rwanda CMA’’

The Capital Market Authority of Rwanda/Ikigo cy’Igihugu gshnzwe ishoramari

“Rwanda Companies Act”

Itegeko No. 17/2018 ryo kuwa 13/04/2018 ryerekeye ku masosiyete y’ubucuruzi

“SACCO”

Savings and Credit Cooperative Organization/ Koperative yo kuzigama no kugurizanya

"Securities Act"

United States Securities Act of 1933/Itegeko rigenga icuruzwa ry’imigabane muri Leta Zunze Ubumwe

“Shares”

Imigabane sanzwe yaBK ifite agaciro fatizo ka FRw10 buri umwe mu gishoro cya BK

“Shareholders”

Abanyamigabane muri BK Group banditse mu gtabo cy’abanyamuryango members

‘’SME’’

Small to Medium-Sized Enterprise/ Abacuruzi bato n’abacirirtsse

“Sponsoring Broker”

Uhagarariye Sosiyete mu gikorwa:BK Capital Limited

“Supplementary Capital” or “Tier II Capital

Harimo 25% y’abitse yaturuse mu kuvugurura agaciro k’umutungo, imyenda idafite ingwate, iy’igihe kirekire cyangwa ubundi buryo bugenwa na Banki Nkuru y’u Rwanda (BNR)

“SWIFT”

Society for Worldwide Interbank Financial Telecommunication/Uburyo bukoreswa n’amabanki ku isi yose mu

“Time”

Amasaha avugwa muri iyi nyandiko ni ay’u Rwanda; ni ukuvuga amasaha 2 imbere ya Greenwich Mean Time

“Total Capital” or “Net Worth”

Igishoro cy’ibanze hongeweho icy’inyonngera

“USD” or “US Dollars” or “US$” or “$”

Idolari rya Leta Zunze ubumwe z’Amerika

‘’VISA©’’

Izina Visa Inc.n’uburyo bwa sosiyet ikoresha amakarita mu kubona no kwishyura hakoreshejwe ikoranabuhanga

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

7

Ibarwa y’umuyobozi mukuru

Banyamigabane, Mu izina ry’abagize Inama y’Ubutegetsi ya BK Group Plc , nejejwe no kubashyikiriza iyi nyandiko-menyekanisha (IM) ku mpamvu z’amategeko agenga Banki, ikaba irimo gukorwa nyuma y’uko imaze kwemerwa n’Inama Rusange iheruka. Iyi ni inshuro ya kabiri BK Group Plc ifashe umwanzuro ugaragara wo kongera umutungo nyuma y’itangwa ry’imigabane ryabanje kandi ryatanze umusaruro ushimishije muri 2011, mukaba kandi muboneyeho umwanya wo guteza imbere ishoramari mufata indi migabane muri Sosiyete yanyu. Umutungo ugamijwe kugerwaho wa miliyari 60 uzakoreshwa neza n’itsinda ry’abacungamutungo mu rwego rwo rwo gukurikiza gahunda iriho ya BK Group Plc yo kwagura umutungo wayo. Muri iriya nama rusange, twemerewe kandi gukomeza ishyirwa ku rutonde ry’abanyamigabane mu kigo cy’igura n’igurishwa ry’imitungo itimukanwa cy’I Nairobi (Nairobi Securities Exchange “NSE”, nkaba nishimiye kubamenyesha ko twahawe uburenganzira n’Ikigo cy’imari n’amasoko cya Kenya ndetse n’Ikigo cy’igura n’igurisha ry’imigabane kugira ngo dukomeze twagure urutonde, bukaba buzatangira gukoreshwa nyuma y’uko y’igihe cyagenewe itangwa ry’uburenganzira, hanyuma mugateza imbere ubucuruzi bw’imigabane yanyu mu bigo byombi byavuzwe haruguru. Turizera ko kwagura urutonde bizatuma tubona abashoramari benshi kuruta, no kongera inyungu ya buri munsi, bikazaba ari umwihariko w’intango n’isoko ryaguye by’umunyamigabane.

Nyuma y’imyaka 7 ishize, ubucuruzi bwacu bwariyongereye bikomeye bugera kuri miliyari 727 mu mpera z’umwaka wa 2017. Ni muri urwo rwego , inyungu ifatika yageze kuri 21% rya CAGR bivuye kuri miliyari 6.2 bikagera kuri miliyari 23.3 hagati ya 2010 na 2017. Mu bucuruzi bwacu bwa banki, dukomeje kwishimira imiyoborere no kwagura uruvugiro. Banki ya Kigali muri iki gihe inejejwe kandi ikaniratira ko yaguye amashami yayo akaba agera kuri 79 afite abakozi benshi n’uburyo bw’ikoranabuhanga rigendanwa, ibyo bikaba byaradufashije kugera ku mbaga nini y’abanyarwanda kandi, hamwe n’intumbero dufite mu ikoranabuhanga rigezweho, tukazabasha gukomera mu kuri mu cyerekezo twihaye no ku ntego twiyemeje yo guhindura ubuzima bw’abantu binyuze mu kongera imari yabo, no gutanga umusanzu mu kugeza abanyarwanda bose ku bukire. Hari kandi izindi serivisi zijyanye n’iby’ubukungu twatangiye kwibandaho, harimo itangizwa ry’ubwisungane, ubwisungane rusange bwa BK Group Plc (BK General Insurance) bugamije gukora inyongeragaciro, ikaba ije yunganira imbaraga twashyiraga mu kubitsa no kubikuza bya banki bisanzwe. Bihuje n’icyifuzo dufite cyo kuba isosiyete nyayo itanga serivisi z’amafaranga, hashingiwe kandi ku byemezo by’abanyamuryango umwaka ushize, twavuguruye urutonde ruhinduka BK Group Plc, isosiyete nshya y’imari ituma abanyamigabane bacu babona inyungu mu bikorwa biyishamikiyeho. Amafaranga yabonetse mu burenganzira bwatanzwe azakoreshwa mu kumenya neza niba amashami y’itsinda rinini BK Group Plc abitse neza ku buryo twashobora kuzuza ibisabwa no kugera ku ntego y’umusaruro twiyemeje.Ubu burenganzira burahamagarira abanyamigabane basanzwe kongera ishoramari mu itsinda rikuru no kuba umusemburo w’ubucuruzi bwivugira. Impano abakozi bacu bafite niyo ituma bizera ko inyungu yacu ishingiye mu guha umufatanyabikorwa agaciro no kwibaza uko tuzateza imbere umuryango wacu. Hashingiwe ku mbaraga no ku mahirwe u Rwanda rufite muri iki gihe, hiyongeyeho impinduka zigenda zirushaho kugaragara mu mitangire ya za serivisi z’amabanki muri iki gihe, turatekereza ko imbere hacu harebwa natwe ubwacu. Ku by’ibyo, nejejwe n’uko gahunda y’umugabane bwite w’umukozi irimo kujyaho hamwe n’uko iri zamuka ry’ umutungo rizatuma abakozi bacu b’intangarugero bagira uruhare mu kugeza iri tsinda ku musaruro ushimishije.

Muri iyi nyandiko-menyekanisha, Sosiyete itumiye abanyamigabane bemewe guhatanira imigabane mishya 222,222,222 ku giciro cy’amafaranga 270 y’u Rwanda buri mugabane (mbere y’uko umugabane ugurishwa menshi). Ibi bishatse kuvuga umugabane umwe (1) kuri buri migabane itatu (3) isanzwe. Iyi nyandiko-menyekanisha ikubiyemo amakuru arambuye ajyanye n’ibikorwa by’Itsinda, uburyo bwo guteza imbere imari n’imiyoborere y’ibigo by’imari. Iyi nyandiko kandi igaragaza uburyo ubucuruzi bw’Itsinda bushobora kubangamirwa. Niyo mpamvu mbashishikariza gusoma iyi nyandiko-menyekanisha n’izindi nyandiko uko zakabaye kandi mugashaka ubufasha bw’abajyanama babigize umwuga, mbere yo gufata icyemezo cyo gushora imari.

Mugire amahoro

Mr Marc Holtzman Umuyobozi Mukuru

8

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

Ubuhamya bw’abayobozi

Abayobozi ba BK Group Plc, bafite amazina agaragara ku mutwe wa 8.3, bose hamwe na buri muntu ku giti cye bemeye inshingano zabo ku bijyanye n’amakuru akubiye muri iyi nyandiko-menyekanisha. Mu bushishozi no mu kwemera kwabo, abayobozi basanze ko(bamaze gushyira mu gaciro kubona impamvu nyayo y’iyi nyandiko), amakuru akubiye muri iyi nyandiko ahuje n’ibimenyetso kandi ko ntacyo yasize inyuma gishobora gutuma amakuru nk’aya yateza ikibazo icyo aricyo cyose. Abayobozi baremeza ko amakuru yose yashyizwe muri nyandiko-menyekanisha n’ubuhamya buyirimo ari ukuri , kandi ko nta raporo z’inama y’ubutegetsi, raporo z’ubugenzuzi cyangwa inyandiko zindi z’Itsinda BK zizigera zihindura imyumvire y’iyi nyandiko-menyekanisha.

Ahasigaye, abayobozi bashyigikiye igitekerezo cy’uko itangwa ry’imigabane ryagenze uko bikwiye kandi ribereye ejo hazaza ha Sosiyete. Abayobozi bashimangiye ko BK Group Plc izubahiriza, aho bishoboka hose, amategeko agenga amasoko mu Rwanda, ingingo ya 52 y’itegeko No.17/2018 of 13/04/2018 rigenga amasosiyete, amategeko y’ikigo cy’igura n’igurisha ry’imitungo (RSE), Itegeko ry’ikigo cy’imari n’amasoko cyo muri Kenya, Amasoko y’imari (impapuro z’imitungo n’ingwate, amasoko atangwa na Leta, gushyira ku rutonde no kurutangaza, amategeko n’amabwiriza, amategeko y’igura n’igurisha ry’imitungo y’ikigo cy’imari cy’i Nairobi yo muri 2014 n’Itegeko rya Kenya rigenga amasosiyete ryo muri 2015.

Bishyizweho umukono na:

................................................................................

Marc Holtzman Umuyobozi Mukuru

.................................................................................

Dr. Diane Karusisi muyobozi akaba n’Umuhuzabikorwa

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

9

IGIKA CYA 1: INGENGABIHE Y’ITANGWA RY’IMIGABANE MISHYA No.

Igikorwa

Igihe

Itariki

1

Igihe byandikiwe

12.00pm

[Kuwa 3, 24 Ukwakira]

2

Kwinjiza imigabane mishya mu bubiko bw’inyandiko

4.00pm

[Kuwa 2 , 23 Ukwakira]

3

Gufungura igurisha ry’imigabane mishya

9.00am

[Kuwa 1, 29 Ukwakira]

4

Itariki n’isaha bya nyuma byo kwegurira abandi imigabane mu ibanga

12.00pm

[Kuwa 5, 2 Ugushyingo]

5

Itariki n’isaha bya nyuma byo kugurisha imigabane

12.00pm

[Kuwa 1, 5 Ugushyingo]

6

Gufunga igikorwa cyo gutanga imigabane

5.00pm

[Kuwa 5, 9 Ugushyingo]

7

Gufungura igikorwa cyo kugurisha imigabane yasigaye

9.00am

[Kuwa 1, 12 Ugushyingo]

8

Gufunga igikorwa cyo kugurisha imigabane yasigaye

5.00pm

[Kuwa 5, 16 Ugushyingo]

9

Itariki ya nyuma yo kwishyura imigabane ya IBGs n’iyari yarasigaye

3.00pm

[Kuwa 3, 21 Ugushyingo]

10

Gutangaza ibyavuye mu gikorwa

9.00am

[Kuwa 5, 23 Ugushyingo]

11

Kwinjiza imigabane mishya muri konte za CSD na CDS muri mudasobwa

5.00pm

[Kuwa 5, 23 Ugushyingo]

12

Gushyira imigabane mishya ku rutonde rw’icuruzwa ku Isoko ry’Imari mu Rwanda no ku Isoko 9.00am ry’Imari rya Nairobi no gutangira kuyicuruza ku masoko yombi.

[Kuwa 5, 30 Ugushyingo]

Icyitonderwa: 1.

2.

3.

4.

5.

10

Amasaha yose avugwa ni ayo mu Rwanda, keretse aho bivugwa ukundi by’umwihariko; Itariki ihuriranye n’umunsi wa konji rusange izimurirwa ku munsi w’akazi ukurikiyeho; Komite Nyobozi ishobora guhindura amatariki ibanje kubyemererwa n’Isoko ry’Imari mu Rwanda n’iryo muri Kenya.

Ibyanduka byose bigomba gutangazwa mu binyamakuru no mu yindi miyoboro itanga amakuru; Kwandikisha igikorwa mu Isoko ry’Imari mu Rwanda bigomba gukorwa iminsi 3 mbere ya Sosiyete kubyandika

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

IGIKA CYA 2: INCAMAKE Y’IGIKORWA IYI NCAMAKE IKWIRIYE GUFATWA NK’IRIBURIRO RY’IYI NYANDIKO-MENYEKANISHA KU BAZAYISOMA KANDI ICYEMEZO ICYO ARICYO CYOSE KIGAMIJE GUSHORA IMARI MU MIGABANE YA BK CYAGOMBYE GUSHINGIRA KU MAKURU ARI MURI IYI NYANDIKO YOSE UKO YAKABAYE

2.1 Amateka ya Sosiyete n’incamake y’ubu bucuruzi BK Group Plc ni intangarugero mu bigo by’imari mu Rwanda kubera imitangire ya za serivisi zinyuranye zikorerwa mu mashami yaryo atandukanye, harimo izo kubitsa no kubikuza n’iy’ubwishingizi ku bigo, inganda nto n’iziciriritse (SME/PME) n’abakiliya badandaza. BK Group Plc yatangiye imirimo yayo mu gihugu cy’u Rwanda yitwa Banki ya Kigali nka Sosiyete y’ubucuruzi (S.A) kuva tariki ya 22 Ukuboza 1966. Yashinzwe nk’ikigo cy’ubufatanye hagati ya Leta y’u Rwanda na Banki y’Ububiligi (La Belgolaise), buri mufatanyabikorwa afitemo 50% by’imigabane isanzwe ya banki. Banki yatangiye ibikorwa byayo mu mwaka wa 1967 hafungurwa ishami ryayo rya mbere rya Kigali. Banki y’Ababiligi La Belgolaise yari banki mpuzamahanga ikorera mu bihugu bya Afurika biri munsi y’ubutayu bwa Sahara, noneho mu mwaka wa 2005 itangira kuvana ibikorwa byayo muri Afurika mu mugambi wo kuba koko banki mpuzamahanga. Muri 2007, Leta y’u Rwanda yakiriye imisanzu ya La Belgolaise, ku buryo imigabano yayo yiyongereye ku kigero cya 100% cy’imigabane iziguye n’itaziguye yose hamwe. Mu w’2011, Banki yahinduye izina hakurikijwe itegeko rishya rigenga amasosiyete yitwa Banki ya Kigali Ltd aho buba Banki ya Kigali S.A. Muri Kamena 2011, Leta y’u Rwanda yagurishije 25% by’imigabane yayo n’abaturage binyuze mu isoko ry’imitungo byatumye ishyirwa ku ritonde rw’ijigo cy’igura n’igurisha ry’imitungo itimukanwa cy’u Rwanda.

Mu mwaka wa 2013, BK Securities yashizweho nyuma yaje guhindura izina muri 2018 hitwa BK Capital. BKGI na BK Techouse zishyirwaho muri 2016. Mu mwaka wa 2017, byaravuguruwe, hashyirwaho isosiyete y’imigabane-BK Group Plc.

2.2

Igikorwa mu camake

Utanga imigabane

BK Group Plc

Imigabane

Imigabane ya Sosiyete ingana na FRw 10,504,600,000 igizwe n’imigabane isanzwe 1,050,460,000, buri mugabane ukaba ufita agacire k’amafaranga 10 y’u Rwanda. Ubwo dukora iyi nyandiko-menyekanisha, umubare w’imigabane isanzwe yishyuwe igera ku 674,537,000.

Imigabane mishya

Sosiyete ishyize ku isoko imigabane isanzwe ingana na 22,222,222 mu rwego rw’uburenganzira ku migabane. Imigabane mishya ihawe abanyamigabane babikwiriye.

Igiciro-fatizo cy’umugabane

FRw270 kuri buri mugabaneper Offer Share

Gushyira imitungo y’agaciro ku rutonde rw’abanyamigabane

Biteganijwe ko kwakira imigabane y’inyongera mu kigo cy’igura n’igurisha ry’imitungo itimukanwa bizaba ku wa gatanu tariki Iya 30 Ugushyingo 2018.

Iyandikisha ry’imigabane

Imigabane mishya izashyirwa ku isoko nk’imitungo idafatika cyangwa ibitswe ku buryo bw’ikoranabuhanga. Imigabane mishya izandikwa ku makonti y’imitungo itimukanwa ya buri munyamigabane, hamwe na nomero zazo uko bagiye bazifata (CSD na CDS). Nta cyemezo cy’imigabane gifatika kizahabwa umunyamigabane.

Umugabane ugurishwa

Iyo itanzwe ku buryo bwuzuye, imigabane yagombye kubyara hafi miliyari 60 Frws.

Uburenganzira bwo gutanga imigabane

Uburenganzira bwo gutanga imigabane buzashingira ku gitekerezo cy’umugabane umwe mushya (1) kuri buri migabane itatu (3) isanzwe yaguzwe n’umunyamigabane wujuje ibisabwa ku munsi wo gusoza iyandikisha, ni ukuvuga tariki 22 Ukwakira 2018.

Itangwa ry’imigabane yuzuye

Imigabane ba nyirayo batashoboye kubyaza umsaruro mu gihe uburenganzira bwatangwaga izahabwa abandi bashoramari babikwiye bikozwe n’abahagarariye inama y’ubuyobozi kandi ntizashyirwa ku isoko muri rusange haba mu Rwanda, muri Kenya n’ahandi, kugira ngo hirindwe ugushidikanya uko ari ko kose.

Ishyirwa ku rutonde ry’anyamigabane

BK yemerewe n’ikigo cy’amasoko n’imitungo cya Kenya ndetse n’ikigo cy’igura n’igurisha gushyira imigabane yayo ku rutonde rwagenewe abashoramari b’imena (Main Investment Market Segment) b’ikigo cy’igura n’igurisha ry’imitungo itimukanwa. Urwo rutonde ruteganijwe kuba tariki ya 30 Ugushyingo 2018. Umugabane uwo ariwo wose wakomeje gukoreshwa n’abashoramari bafite amakonti ya CSD muri Kenya mu gihe cy’itangwa ry’imigabane yuzuye, uzatangira kubara ku ya 30 Ugushyingo 2018.

Gahunda y’umugabane w’abakozi

Itsinda BK rirateganya gushyiraho gahunda y’uko abakozi bagura imigabane, nk’uburenganzira bafite. Imigabane mishya 7,200,000 igize 3.24 % by’imigabane yose izahabwa abakozi b’itsinda nk’uko bitegenijwe mu mutwe wa 3.

Nimero y’ibanga

BK

2.3

Ingingo z’ingenzi zigize ishoramari

Ubukungu bufite umusingi uhamye

Ubushobozi bukomeye bwo ku byaza inyungu urwego rw’amabanki

•

Igihugu giftie umutekano n’imiyoborere myiza

•

Umubare uhagije w’abaturage: Mliyoni 12

•

Iterambere mu by’ubukungu rizamuka 8% buri mwaka mu myaka 5 ishize, bikaba bigaragara ko bizakomeza kuzamuka kugeza hirya y’umwaka wa 2020.

•

Ibiciro by’ibintu n’agaciro k’ifaranga bidahindagurika cyane: 3.2% muri uyu mwaka wa 2018

•

Raporo ya Banki y’Isi mu by’Ubucuruzi muri 2017 yerekanye ko u Rwanda rwari ku mwanya wa 41 mu bihugu 190 kubyerekeye ubucuruzi bwiza no ku mwanya wa 2 muri Afurika.

•

Amahirwe yo kwagura serivse zitangwa na banki zikagera ku bantu benshi batarafunguza konti

•

Umubare w’abantu badakoresha serivise za banki waragabanutse uva kuri 28% muri 2012 ugera kuri 11% muri 2016.

•

Mu bukungu bw’igihugu, banki zari zifite uruhare ruri ku kigereranyo cya 34.9% ku itariki 30 Kamena 2018.

•

Amabanki mu Rwanda acunzwe neza n’ibwitonzi kurusha mu bindi bihugu byo mu muryango w’ibihugu bw’Afurika y’Uburasirazuba

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

11

IGIKA CYA 2 (Birakomeza) Bank of Kigali Plc iyoboye isoko ry’ amabanki m’ uRwanda

●●

Isoko rikomeye kandi ryihagazeho kubera: o Igiteranyo cy’umutungo kingana na FRW miliyari 731.8; 32.4% z’uruhare ku isoko mu gihembwe cya 1 cya 2018 o

Inguzanyo zigera kuri FRW miliyari 481.2; zifite uruhare ku isoko rungana na 37.7 mu gihembwe cya 1 muri 2018

o

Amafaranga yinjijwe n’abakiriya angana na FRW miliyari 472.3; akaba ahwanye na 30.9% by’isoko mu gihembwe cya 1 cya 2018

o

Imari y’abanyamigabane ingana na FRW miliyari 129.9 ahwanye na 38.5% ku isoko mu gihembwe cya 1 2018

Uburyo bukomeye bwo kwirinda ibihombo

•

Inguzanyo zitishyurwa neza zari zihagaze kuri 5.8% by’inguzanyo zose mu giihembwe cya 1 cya 2018, ugereranije na 19.4% muri 2007.

•

Ubwizigame ku inguzanyo bungana na 39.5% by’ayabikijwe (amake yemewe ni 20%)

Abakozi bafite ubuhanga n’uburambe ku kazi

•

Ubuyobozi bufite ingufu n’uburambe ku kazi mu bijyanye n’amabanki

•

Komite nyobozi ifite abahanga bazobereye mu by’ubucuruzi n’indi mirimo itandukanye

•

Igihe kirekire banki igaragaza inyungu n’umwanya ufite ireme ry’ingenzi mu mabanki

•

Umutungo wiyongera buri mwaka ku kigereranyo cya 14.7% hagati ya 2013 n’gihembwe cya 1 cya 2018. FRw miliyari 731.8 mu gihembwe cya 1 cya 2018

•

Inyungu ku mutungo (ROAA) iri hagati ya 3.4 % na 4.0% kuva 2013 kugeza mu gihembwe cya 1 cya 2018

•

Inyungu ku gishoro (ROAE) iri hagati ya 20% na 23% kuva 2013 kugeza mu gihembwe cya 1 cya 2018

Amahirwe yo kuzamura urwunguko

2.4

Incamake y’ ibyagezweho mu bikorwa by’ ubucuruzi

Izi nyandiko z’ icungamutungo zigomba gusomerwa hamwe na raporo y’abagenzuzi nkuko byanditse mu gice cya 11 cy’ iyi nyandiko.

Incamake y’inyandiko z’ ibaruramutungo zihurijwe hamwe zerekana amafaranga BK yinjije mu myaka itanu cyarangiye 30/6/2018 ni ibi bikurikira

Umwaka w’ibaruramutungo warangiye 30 June 2018

2017

2016

2015

2014

2013

FRw'000'

FRw’000’

FRw’000’

FRw’000’

FRw’000’

FRw’000’

Inyungu zinjiye

44,823,823

84,707,152

74,341,736

61,753,209

54,090,042

46,815,676

Ayatanzwe mu bikorwa byo kubyaza inyungu.

(8,679,207)

(18,315,980)

(16,556,236)

(13,727,086)

(12,654,600)

(10,015,908)

Inyungu yasigaye

36,144,616

66,391,172

57,785,500

48,026,123

41,435,442

36,799,768

Amafaranga yinjijwe mu gutanga serivisi na komisiyo

8,888,653

15,857,994

12,072,942

10,097,923

8,718,939

9,196,329

Amafaranga y’ama dovize yinjiye

4,147,361

7,786,502

6,583,450

5,301,247

7,724,325

7,476,135

153,500

1,231,111

181,442

292,651

301,838

281,008

1,547,214

2,104,762

283,950

-

-

-

76,907,284

63,717,944

58,180,544

53,753,240

Andi yinjijwe n’ ibikorwa binyuranye Net premium income Ayavuye mu bikorwabyose hataravanwaho ibihombo byaturutse mu

50,881,344

Ibihombo ku nguzanyo n’ avansi

(6,845,851)

(16,489,292)

(10,448,958)

(7,547,662)

(7,542,957)

(8,993,999)

-

(1,363,454)

(6,634,811)

(1,816,787)

-

-

(775,299)

(909,363)

-

-

-

-

43,260,194

74,609,432

59,823,515

54,353,495

50,637,587

44,759,241

(10,132,460)

(21,127,700)

(14,075,178)

(15,029,991)

(14,427,737)

(11,707,238)

(2,463,630)

(4,501,210)

(3,955,171)

(3,807,120)

(3,663,534)

(4,639,637)

Andi yasohotse mu bikorwa bitandukanye Ayatanzwe ku bafatabuguzi bu ubwishingizi Ayinjiye havanweho ibihombo Ayishyuwe abakozi Guta agaciro k’ ibikoresho n’ ubwisazure Ayasohotse mu bikorwa rusange

93,371,541

(8,485,208)

(14,815,059)

(11,812,051)

(9,779,152)

(9,787,611)

(9,656,130)

(21,081,298)

(40,443,969)

(29,842,400)

(28,616,263)

(27,878,882)

(26,003,005)

Inyungu hataravanwaho imisoro

22,178,896

34,165,463

29,981,115

25,737,232

22,758,705

18,756,236

Imisoro

(8,767,579)

(10,823,154)

(9,225,249)

(5,253,174)

(4,441,880)

(3,926,001)

Inyungu havanweho imisoror

13,411,317

23,342,309

20,755,866

18,316,825

14,830,235

-

-

5,458,581

-

-

-

13,411,317

23,342,309

26,214,447

20,484,058

18,316,825

14,830,235

Ayinjiye yose mu mwaka

19.88

34.67

22.20

Ayinjijwe kuri buri mugabane mu FRw

19.88

Ayasohotse yose hamwe

Andi yinjiye atagomba kubarirwamu nyungu cyangwa ibihombo by’ indi myaka Agaciro kavuguruwe k’ imitungo n’ ibikoresho and havanyweho imisoro

Inyungu kuri buri mugabane (FRw)

12

yarangiye 31/12/2017 n’ igice cy’ umwaka

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

20,484,058

30.87

30.49

27.34

30.76

30.38

27.22

22.13

13.87

12.31

12.15

16.33

IGIKA CYA 2 (Birakomeza)

2.5 Incamake ku mbonerahamwe The summarized consolidated balance sheets of BK for the five financial years ended 31 December 2017 and the half year to June 2018 are as follows; Umwaka w’ibaruramutungo warangiye 30 June 2018 FRw ‘000’

For the year ended 31 December 2017

2016

2015

2014

2013

FRw ‘000’

FRw ‘000’

FRw ‘000’

FRw ‘000’

FRw ‘000’

IMITUNGO Amafaranga ahari

15,489,713

19,731,699

15,032,721

14,951,617

12,020,669

11,110,210

Ari muri Banki Nkuru y’ u Rwanda

51,665,954

42,583,327

31,832,058

44,572,594

46,938,373

24,855,050

Ategerejwe guturuka mu yandi ma banki

45,843,817

53,055,021

84,634,868

62,568,118

102,988,217

107,377,523

Ari mu bikorwa by’ ishoramari ategereje kugeza igihe

88,699,681

94,248,923

77,962,606

93,503,198

58,596,907

50,820,690

481,246,614

471,704,315

385,824,570

313,925,535

233,439,509

199,025,241

2,069,896

1,147,644

-

-

-

-

13,002,141

10,304,365

8,877,766

8,255,500

7,665,385

7,695,005

Inguzanyo na avansi ku bakiriya Ay’ ubwishingizi azinjira Indi mitungo Igishoro mu migabane isanzwe Imitungo n’ Ibikoresho Imitungo itagaragarira ijisho IMITUNGO YOSE HAMWE

221,425

221,425

221,425

221,425

221,425

218,455

32,744,653

33,529,626

33,435,701

22,846,884

20,503,423

21,018,894

791,456

678,355

514,883

381,529

234,056

239,005

731,775,350

727,204,700

638,336,598

561,226,400

482,607,964

422,360,073

AYASHOWE KU MITUNGO Ategerejwe guturuka mu yandi ma banki Ayabikijwe n’ afitwe abakiriya kuri za konti Imisoro igomba kwishyuzwa Umusoro wimuriwe ikindi gihe Inyungu zikwiye kwishyurwa abanyamigabane Ubwishingizi bugomba kwishyurwa Inguzanyo y’ igihe kirekire AYASHOWE YOSE KU MITUNGO

37,887,893

42,377,460

28,105,184

22,609,724

15,214,461

17,345,024

472,313,572

455,213,393

419,017,263

384,713,700

324,601,160

280,489,463

5,783,330

6,900,698

4,165,830

808,141

692,518

1,828,573

286,198

2,351,802

6,795,553

2,193,269

1,839,991

1,927,101

14,762,774

9,378,311

8,343,104

34,230

5,469

7,416,579

2,809,771

2,123,038

-

-

-

-

9,514,231

15,267,691

6,286,996

9,656,897

10,860,278

8,705,581

58,544,298

70,842,175

57,137,068

42,475,643

40,254,954

34,190,519

601,902,067

604,454,568

529,850,998

462,491,604

393,468,831

351,902,840

IGISHORO N’ AYAZIGAMWE Imigabanel

6,745,370

6,745,370

6,724,428

6,721,842

6,713,706

6,684,500

Ay’inyongera ku migabane

18,936,176

18,936,176

18,695,343

18,665,604

18,572,040

18,236,171

Ay’ inyongera gaciro abitse

13,000,149

13,000,149

13,630,625

8,172,043

8,172,043

8,172,043

Inyungu zazigamwe

91,191,588

84,068,437

69,435,204

65,175,307

55,681,344

37,364,519

129,873,283

122,750,132

108,485,600

98,734,796

89,139,133

70,457,233

561,226,400

482,607,964

422,360,073

IGISHORO CYOSE HAMWE AYASHOWE YOSE KU MITUNGO

731,775,350

727,204,700

638,336,598

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

13

IGIKA CYA 2 (Birakomeza) 2.6.

Incamake y’ inyandiko yerekana uko amafranga yinjiye n’uko yasohotse mu myaka itanu

Incamake y’inyandiko z’ ibaruramutungo zihurijwe hamwe zerekana amafaranga BK yinjije mu myaka itanu cyarangiye 30/6/2018 ni ibi bikurikira

yarangiye 31/12/2017 n’ igice cy’ umwaka

Umwaka w’ibaruramutungo warangiye 30 June 2018 FRw ‘000’

2017 FRw ‘000’

22,178,896

34,172,034

29,981,115

25,737,232

22,758,705

18,756,236

3,884,073

3,513,410

3,503,134

3,469,943

4,303,044

For the year ended 31 December 2016 2015 2014 FRw ‘000’ FRw ‘000’ FRw ‘000’

2013 FRw ‘000’

Inyungu mbere y’ imisoro Hamaze gutugankwa ibyerekeye: Igabanyuka ry’ agaciro k’ imitungo n’ ibikoresho

617,137

441,761

303,986

193,591

336,593

Ubwisazure bw’ imitungo itagaragarira ijisho

(852,793)

(50,723)

(75,778)

(84,496)

(24,753)

Inyungu mw’ igurisha ry’ imitungo yacyuye igiihe

2,084,387

4,052,702

2,354,123

725,925

392,446

Igihombo ku ivugururagaciro ry’ inguzanyo y’ igihe kirekire/ inyungu zitishyuwe

-

-

-

-

-

Kweguka ku bihombo byaturutse mu bishoro bitandukanye

1,091,939

481,001

-

-

-

(47,651)

(32,427)

(67,614)

(54,254)

-

40,949,126

38,386,839

31,755,083

27,009,414

23,763,566

(85,879,745)

(71,899,035)

(80,486,026)

(34,414,268)

(13,958,489)

(850,426)

-

-

-

-

Ibyiyongereye ku mafaranga y’ ubwishingizi yinjijwe

(1,723,817)

(622,262)

(590,118)

29,620

4,929,704

Ibyiyongereye ku yindi mitungo

36,196,130

34,303,563

60,112,540

44,111,697

68,624,395

Ibyiyongereye ku yabikijwe n’ afitwe n’ abakiriya kuri za konti

(2,529,998)

(1,989,951)

(3,375,390)

(2,325,792)

-

Inyungu zitishyuwe ku nguzanyo z’ igihe kirekire Amafaranga y’ imigabane Amafaranga yinjiye yanasohotse mbere yo guhinduka kw’ imitungo y’ imara igihe gito.

Impinduka mu mitungo imara igihe gito Ibyiyongereye ku nguzanyo n’ avansi

Ayiyongereye ku yagombaga kubitswa na banki Ibyiyongeye ku yagombaga kwishyurwa abafatabuguzi bu bwishingizi.

1,418,233

-

-

-

-

(3,948,231)

(3,369,901)

(1,347,174)

2,154,695

(6,370,132)

(12,532,032)

(5,063,962)

(4,640,477)

(5,665,044)

(2,862,521)

(15,267,029)

(10,254,709)

1,428,438

30,900,322

74,126,523

Ayiyongereye n’ ayagabanutse ku yindi myenda Imisoro Yishyuwe Ayasigaye hamaze kwishyurwa byose IBIKORWA BY’ ISHORAMARI

(780,609)

(575,115)

(451,459)

(188,642)

(237,478)

(5,001,970)

(4,844,962)

(5,846,595)

(3,049,369)

(3,874,221)

1,876,780

50,723

75,778

179,393

205,000

(333,502,798)

(385,606,513)

(307,227,740)

(287,832,102)

317,216,481

401,147,105

272,321,449

280,055,885

-

-

-

-

(2,970)

-

47,651

32,427

67,614

54,254

-

(20,144,465)

10,203,665

(41,060,953)

(10,783,551)

(41,608,064)

IBIKORWA BY’ ISHORAMARI

(8,304,345)

(8,187,096)

(10,961,334)

(7,411,110)

(5,892,885)

Inyungu ku migabane zishyuwe

31,362,073

19,958,446

7,250,000

9,261,851

29,154,396

(20,833,291)

(9,830,725)

(7,383,434)

(3,923,340)

(1,301,301)

Kugura Imitungo Itagaragarira ijisho.

Ayakoreshejwe kugura imitungo n’ ibikoresho Ayavuye mu kugurisha imitungo itimukanwa Ayakoreshejwe mu bikorwa by’ ishoramari bitegreje kugeza igihe Ayakoreshejwe mu bishoro byo kugura imigabane isanzwe

(37,701,365)

Inyungu yishyuwe ku migabane

Ayasigaye ku yishyuwe mu bikorwa by’ ishoramari

Drawdown of long-term Kwishyura inyungu ku gishoro cy’ inguzanyo y’ igihe kirekire

20,942

2,586

8,136

29,206

11,130

240,833

29,739

93,564

335,869

127,995

2,486,212

1,972,950

(10,993,068)

(1,707,524)

22,099,335

Ibyiyongereye ku migabane Ibyiyongereye ku nyungu y’ imigabane

14

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

IGIKA CYA 2 (Birakomeza) Umwaka w’ibaruramutungo warangiye 30 June 2018 FRw ‘000’

2017 FRw ‘000’

For the year ended 31 December 2016 2015 2014 FRw ‘000’ FRw ‘000’ FRw ‘000’

2013 FRw ‘000’

Inyungu ku bikorwa by’ ishoramari (32,925,282)

1,921,906

(50,625,583)

18,409,247

54,617,794

1,277,029

(2,882,861)

502,736

2,832,074

-

Ayasagutse mu madovize atandukanye muri kasha cyangwa ibisa n’ayo ku ya mbere y’ ukwezi kwa kwambere

77,778,531

78,739,486

128,862,333

107,621,012

71,379,965

Amafaranga n’ ibisa n’ayo ku ya 31 z’ ukwacumi n’ abiri

46,130,278

77,778,531

78,739,486

128,862,333

125,997,759

Ayiyongereye cyangwa Yagabanutse muri kashi cyagangwa ibisa n’ayo

2.7 Ihindagurika ry’ ibiciro by’ imigabane Izamuka

Imanuka

2013

250.00

170.00

2014

365.00

240.00

2015

300.00

273.00

2016

290.00

228.00

2017

300.00

228.00

2018

300.00

285.00

(FRw) Ibiciro ngarukamwaka bya buri myaka itanu

Izamuka n’ Imanuka ry’ ibiciro kw’ isoko bya buri kimwe cya kane by’ imyaka ibiri iherutse Q1 2017

250.00

228.00

Q2 2017

245.00

240.00

Q3 2017

280.00

245.00

Q4 2017

300.00

275.00

Q1 2018

300.00

290.00

Q2 2018

290.00

286.00

Q3 2018

290.00

288.00

March,2018

290.00

290.00

April,2018

290.00

290.00

May, 2018

290.00

289.00

June, 2018

290.00

286.00

July, 2018

290.00

285.00

August, 2018

290.00

290.00

Izamutka n’ Imanuka ry’ ibiciro kw’ isoko bya buri mezi atandatu.

September ,2018 290.00 290.00

Source: Bloomberg

Igiciro cy' umugabane(Frw)

Uko ibiciro byagiye bihinduka(2013-2018)

Source: Bloomberg

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

15

IGIKA CYA 3: ISOKO 3.1

Isoko

Sosiyete itanze imigabane mishya ingana na 222,222,222 ku giciro fatizo cy’amafaranga 270 y’u Rwanda buri mugabane, umwe ukaba uhwanye n’imigabane itatu(3) isanzwe. Biteganijwe ko uburenganzira ku migabane buzagera hafi kuri miliyari 60 FRw. Abanyamigabane biyandikisha ku munsi wagenwe barimo guhabwa uburenganzira bwo kugura byatuma abujuje ibisabwa bemererwa kugura imigabane mishya ku giciro-fatizo. Itangwa ry’uburenganzira ku munyamigabane ryonyine ntirimuhesha amahirwe ku migabane mishya. Nta migabane mishya irimo gutangwa ku banyamigabane batujuje ibisabwa, bakaba rero batemerewe gukoresha uburenganzira kuri yo.

Umujyanama mukuru w’igikorwa, mu izina rya Sosiyete, akora nk’umuyobozi utanga imigabane yuzuye kandi bagakoresha ubushobozi bwabo baha imigabane yuzuye abashoramari banditse babisaba (QIIs). Itangwa ry’imigabane yuzuye, riramutse rikozwe, ryazatangira mu gihe gishoboka nyuma y’uko itariki yashyiriweho gutanga uburenganzira irangiye.

3.2

Impinduka mutungo bwite

Ubu dushyira ahagaragara iyi nyandiko-menyekanisha, BK Group Plc rifite mu mutungo wayo imigabane 375,923,000 itarigeze itangwa. Umutungo wihariye wa Sosiyete kugeza ubu uteye ku buryo bukurikira: Uburenganzira mbere: Igiciro fatizo

Umubare w’imigabane yose hamwe

Igishoro (FRW)

Igishoro cyemewe

FRw 10

1,050,460,000

FRw 10,504,600,000

Umutungo wishyuwe wose

FRw 10

674,537,000

FRw 6,745,370,000

Umugabane utaratanzwe

FRw 10

375,923,000

FRw 3,759,230,000

Tumaze kubona ko imigabane mishya yose yasabwe, umutungo wa Sosiyete ku munsi wa nyuma w’itanga ry’imigabane uzaba uteye utya: Uburenganzira nyuma: Igiciro fatizo

Umubare w’imigabane yose hamwe

Igishoro (FRW)

Igishoro ntarengwa capital

FRw 10

1,050,460,000

FRw 10,504,600,000

Umubare w’igishoro cyishyuwe cyose

FRw 10

896,759,222

FRw 8,967,592,222

Igishoro kitigeze cyishyurwa

FRw 10

153,700,778

FRw 1,537,007,778

3.3

Impinduka ku banyamigabane

Abanyamigabane bohereza amafaranga ku makonti, cyangwa batabikora ku gihe cyangwa uko bikwiye, cyangwa se batabyemerewe, ntibafite uburenganzira butangwa ku masoko y’imigabane kandi bazahura n’ingaruka z’igabanuka ry’ikigero cy’ubwo burenganzira rigera kuri 25%. Icyakora, abo banyamigabane bazitabwaho igihe cyo gutanga imigabane bashyira ku isoko uburenganzira bwabo mu kigo cy’igura n’igurisha ry’imitungo (Ku bindi wareba Umutwe wa 4.7ku byerekeye uburenganzira bw’igurisha.

3.4

Impamvu y’isoko n’ikoresha ry’umusaruro

Uburenganzira ni imwe mu ngamba zagutse Itsinda rifite ryo kumenya neza niba amashami yaryo, cyane cyane Banki ya Kigali PLC, afite ubushobozi bukwiriye ngo yuzuze ibisabwa mu kongera umutungo no gushyira mu bikorwa uburyo bwo kugera ku ntego yiyemeje. Muri urwo rwego, Itsinda rirateganya ko miliyari 40 z’amafaranga y’u Rwanda, zihwanye na 67% z’umusaruro mbumbe, zizava mu itangwa ry’uburenganzira, zizakoreshwa na Banki ya Kigali Plc kugira ngo ishyire ingufu mu mutungo w’ibanze, nk’intangirio mu kugera ku mugambi wayo w’icya kabiri cy’igihembwe. Amafaranga asigaye azashorwa mu mishinga y’Itsinda, mu yandi mashami, ni ukuvuga umushinga wo kongera umutungo bwite wa BK, Ubwishingizi rusange bwa BK n’Inyubako ya BK Tec. Incamake yabyo iteye ku buryo bukurikira: Umugenerwabikorwa

Banki ya Kigali Plc

Ubwishingizi bwa BK

Ibindi

16

Umubare w’ikigereranyo.

FRw 40,000,000,000

FRw 15,000,000,000

FRw 5,000,000,000

% ry’umusaruro

67

25

8

mbonerahamwe ●●

Gukora ku buryo umusaruro igipimo cy’ubwinshi bw’umusaruro kiguma hejuru ya 20%

●●

Kwagura isoko ry’imigabane n’ubukungu mu budandazi no mu nganda nto n’iziciriritse.

●● ●●

Ikoranabuhanga rigezweho mu rwego rw’amabanki.

Kwagura amarembo no kugwiza imigabane ijyanye n’ubwishingizi rusange no gushyira ku isoko ibicuruzwa bishya.

●● Ubushobozi bwo kubona ubwishingizi bw’ubuzima Amafaranga azakoreshwa mu gushyigikira ibikorwa rusange by’umutungo wihariye wa BK n’inyubako BK Tec, ndetse n’ibindi bikorwa Itsinda ryatekereje bigamije gushyira buri mugambi muto ku murongo umwe

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

IGIKA CYA 3 (Birakomeza) BK Group Plc yizeye ko uburenganzira n’ishyirwa ku rutonde ry’imigabane mu kigo cy’igura n’igurisha ry’imitungo bizageza Sosiyete n’abafatanyabikorwa bayo ku nyungu zindi zikurikira: •

Guha abashoramari amahirwe yo kugira uruhare ku musaruro no ku mutungo Itsinda riteganya mu gihe kiri imbere;

•

Kongera ubutunzi bw’amafaranga n’uburyo bwo gucuruza imigabane isanzwe hifashishijwe abashoramari benshi;

•

Kuzamura ubushobozi bw’abashoramari hagamijwe guteza imbere serivisi y’icongamari n’ikoranabuhanga mu masosiyete yo mu Rwanda;

•

Gushyigikira no gutiza imbaraga abashaka kubaka imigabane hafi yabo;

•

Kugera ku mutungo mugari waganisha ku bushoramari.

3.5 Ibarura ry’uburenganzira ku migabane

No

Data

1

Igiciro-fatizo (FRw)

10

2

Igiciro cy’imigabane mishya (FRw buri mugabane)

270

3

Ikigereranyo ku burenganzira

4

Umubare ntarengwa w’imigabane

1,050,460,000

5

Igishoro ntarengwa (FRw)

10,504,600,000

6

Umubare w’imigabane yishyuwe yose (uburenganzira bw’ibanze)

7

Ingano y’igishoro cyose (uburenganzira bwa nyuma) mu FRw (FRw)

8

Umubare w’imigabane itaratanzwe

9

Igishoro kitigeze gitangwa (FRw)

10

Umubare w’imigabane mishya

11

Umusaruro-mbumbe w’uburenganzira mu gihe bose biyandikishije (FRw)

12

Umubare w’imigabane yishyuwe yose mu burenganzira bwa nyuma y’uko bose bamaze kwishyura

13

Gushyira ku isoko imigabane mishya ya BK Group ku babifitiye uburenganzira (FRw)

242,124,990,000

14

Agaciro k’imigabane nyakuri (amafaraanga y’abanyamigabane) ku itariki ya 30 Kamena 2018 (FRw)

129,873,285,000

15

Agaciro nyakuri kuri buri mugabane usanzwe ku itariki ya 30 Kamena 2018 (FRw)

16

Igiciro cy’abemerewe imigabane ku gaciro nyakuri k’ (FRw)

17

Inyungu nyuma yo kwishyura amahooro y’umwaka w’ingengo y’imari warangiye kuya 31 Ukuboza 2017(FRw)

23,342,309,000

18

Umusaruro kuri buri mugabane hakoreshejwe inyungu yabonetse nyuma yo kwishyura amahooro y’umwaka w’ingengo y’imari warangiye kuya 31 Ukuboza 2017(FRw)

34.60

19

Ikurikirana ry’ikigereranyo cy’igiciro ku nyungu hifashishijwe igiciro cy’abemerewe n’inyungu kuri buri mugabane mu mwaka wose wa 2017

7.80x

20

Inyungu ya buri mugabane mu mwaka w’ingengo y’imari warangiye tariki ya 31 Ukuboza 2017 (FRw)

13.87

21

Inyungu yavuye ku giciro cy’ababifiya uburenganzira

5.14%

22 23

1 kuri 3

674,537,000 6,745,370,000 375,923,000 3,759,230,000 222,222,222

umutungo wa buri mugabane wo haruguru

Inyungu nyuma yo kwishyura imisoro n’amahooro by’amezi atandatu kugeza tariki ya 30 Kamena 2018(FRw) Umusaruro kuri buri mugabane hifashishijwe inyungu nyuma yo kwishyura imisoro n’amahooro by’amezi atandatu kugeza tariki 30 Kamena 2018 (FRw)

60,000,000,000 896,759,222

192.54 1.40

13,411,317,000 19.88

3.6

Intego y’abanyamigabane b’ingenzi

Abanyamigabane b’ingenzi ba BK Group Plc ni Leta y’u Rwanda, binyuze mu Agaciro Development Fund, ikaba ifite 29.4% by’imigabane, n’ Ikigo gikuru cy’ubwishingizi mu Rwanda (RSSB) gifitemo imigabane ingana na 32.4%. Leta y’u Rwanda ntiteganya kubarwa mu bafite uburenganzira ku giciro cy’imigabane kandi imigabane yayo ku bw’ibyo, izakoreshwa mu gutanga imigabane yuzuye. Ikigo cy’ubwishingizi mu Rwanda (RSSB) cyo giteganya kubarirwa mu bagurisha imigane kandi iziyandikisha, ariko ku rwego rwo kumva ko ari abanyamigabane, nyuma yo kwishyura 30%.

Nyuma y’itangwa ry’uburenganzira ku migabane, abanyamigabane b’ingenzi babiri (2) bazafatanya imigabane 52.08% ya BK Group Plc.

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

17

IGIKA CYA 3 (Birakomeza) Abanyamigabane 10 ba mbere ba BK Group Plc ni aba bakurikira: Umunyamigabane

Umubare w’imigabane 218,228,900 198,578,600 45,515,800 42,500,000 28,520,300

Ijanisha ry’umutungo 32.4 29.4 6.7 6.3 4.2

1 2 3 4 5 6

Ikigo cy’ubwishingizi cy’u Rwanda (RSSB) Agaciro Development Fund* The Rock Creek Group LP -T126 A KCB Bank Uganda Ltd A/C123a Dunross and Co Aktiebolag StanbicNominees Limited A/C Nr5156062 - T109 Au

20,937,200

3.1

7 8

Kamau Robert Wachira

15,976,700

2.2

RWC Frontier Markets Equity Master Fund Limited

8,575,200

1.3

9 10 11

Frontaura Global Frontier Fund LLC The Vanderbilt University - T133 Abandi

7,392,200 6,095,500 83,193,300 674,537,000

1.1 0.9 12.3 100.0

Umubare w’imigabane

Ijanisha ry’umutungo

*Umutungo Leta y’u Rwanda yeguriye Agaciro muri 2018.

Imigabane ya Sosiyete nyuma y’uburenganzira ku banyamigabane uzaba utaye utya: Umunyamigabane 1

Ikigo cy’ubwishingizi cy’u Rwanda (RSSB)

269,027,767

30.0

2

Agaciro Development Fund

198,578,600

22.1

3

ESOP (Gahunda y’abakozi ku burenganzira bw’imigabane)

7,200,000

0.8

4

Abandi

421,952,852

47.1

896,759,222

100.0

3.7

Gahunda y’abakozi ku burenganzira bw’imigabane

BK Group izazigama imigabane mishya 7,200,000 (imigabane ya “ESOP”), nk’iyo ESOP yashyizeho mu mwaka wa 2011 mu gihe cy’itangwa ku ncuro ya mbere ry’imigabane( IPO),ishobora kuzandikishwa n’abayobozi hamwe n’abakozi babifitiye ububasha kandi buri mugabane wa ESOP wanditswe muri ubwo buryo uzaha umuguzi uburenganzira nk’umwe mu bayobozi ba banki n’umwe mu bakozi ba gahunda yo gutunga imigabane mishya nk’uko yashyizwe ku isoko na BK Group.

Buri mugenerwabikorwa azagira uburenganzira bwo kugura imigabane ya Sosiyete, iyo ku rutonde rugezweho rw’imigabane mishya kugeza ku isabukuru y’imyaka itatu (itariki uburenganzira bwabonekeyeho), noneho akaba yemerewe guhitamo iyo yagura bitarenze umwaka wa gatanu nyuma yo gushyira ku rutonde, kugira ngo ahabwe amafaranga angana n’igiciro cy’umugabane kandi yishyuwe yose. Imyaka itanu ikimara kugera, ku mpamvu za gahunda y’ubuyobozi yo kugumana abakozi, abayobozi n’ababakuriye bazagira uburenganzira ku ishimwe rikomoka ku migabane kangana na 50% y’imigabane yabo mu rwego rw’iyi gahunda, niba ikigereranyo cy’igiciro cyo hagati mu mwaka wa nyuma cyarikubye kabiri.

Abagenerwabikorwa bazakomeza kuba abayobozi cyangwa abakozi ba banki, uko byamera kose, kugeza ku munsi bazahabwa iryo shimwe.Inama y’ubuyobozi niyo yonyine izaba ifite ububasha mu gikorwa cyo gutanga imigabane ya gahunda y’umukozi.

Buri mukozi ubifitiye wujuje ibisabwa afite uburenganzira bwo kugura imigabane muri gahunda y’umukozi ku 100% ry’igiciro cy’umugabane kandi bafite guhitamo kwishyura yose bakimara kuyigura cyangwa se akazajya akatwa ku mushahara binyuze mu biro by’ushinzwe abakozi.

3.8

Umubare w’ifatizo wo kwiyandikisha

Nibura 70% by’igishoro cyose ukomoka ku bafite burenganzira umunyamigabane afite no ku mugabane wuzuye, niyo asabwa kugira ngo igikorwa cyitwe ko cyakozwe neza. Ibi bishatse kuvuga ko nibura imigabane mishya ingana na 155,555,555, ihwanye na miliyari hafi 42 FRw, ikenewe gukoreshwa no kwishyurwa yose mu rwego rw’uburenganzira bw’abanyamigabane n’urw’itangwa ry’imigabane yuzuye.

Ariko, mu gihe umubare w’ifatizo udashoboye kugerwaho, icyemezo gishobora gusabwa mu kigo gishinzwe imitungo n’amasoko noneho ibiganiro bigakomeza hashingiwe ku rutonde rw’imigabane mishya yemewe mu rwego rw’abahawe uburenganzira ku giciro cy’imigabane. BK yakora ku buryo izamura umutungo wayo inyuze mu zindi nzira mu gihe abanyamigabane bose batariyandikisha.

Mu rwego rw’itanga ry’imigabane yuzuye, imigabane izatangwa hakurikije amabwiriza yanditse mu mutwe wa 4 yerekeye ibyangombwa byemewe.

3.9

Kugurisha imigabane y’umurengera

Uburenganzira bw’abemerewe kwishyura imigabane ntibushobora gukoreshwa kugira ngo hagurishwe imigabane irengeje itangwa n’ubwo burenganzira. Mu gihe habayeho igurisha –migabane rirengeje uburenganzira, BK izirengera ubwishyu bwayo nk’uko bigaragara mu mutwe wa 4.

18

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

IGIKA CYA 3 (Birakomeza) 3.10

Underwriting/Kwiyandikisha

Ari uburenganzira bw’abemerewe kugura umugabane, ari itangwa ry’umugabane wuzuye nta na kimwe muri byo kizandikwa.

3.11

Uko imigabane mishya ihagaze

Iyo imigabane mishya yatanzwe kandi yishyuwe yose, izafatwa mu rwego kimwe n’imigabane isanzwe, hiyongeyeho uburenganzira bwo guhabwa inyungu ku gishoro cyangwa ku migabane yishyuwe cyangwa se yamenyekanishijwe.Nyuma y’itariki y’iyi nyandiko-menyekanisha, imigabane mishya ishobora kwegurirwa abandi nta mbogamizi kandi nta nzitizi isabwa kugira ngo ishyirwe ku isoko cyangwa se nta mahooro yandi isabwa.Buri mugabane mushya uzagira uburenganzira ku ijwi rimwe mu nama y’abanyamigabane.

3.12

Inyandiko zijyanye n’uburenganzira ku migabane

Inyandiko zikurikira zizakoreshwa ku bijyanye n’uburenganzira bw’abanyamigabane no ku itangwa ry’imigabane yuzuye: Inyandiko-menyekanisha

Ni agatabo gakubiyemo amakuru ya Sosiyete, uburenganzira buhabwa abanyamigabane, ingingo zijyanye n’icungamutungo, amategeko, guhuza ibintu bigasa n’andi nakuru agenewe gufasha umunyamigabane gufata icyemezo gihamye.

Ibarwa yemerera umunyamigabane by’agateganyo (PAL)

Uru rupapuro ni ibarwa y’agateganyo itishurwa ihabwa umunyamigabane wujuje ibisabwa, ikaba ikubiyemo uburenganzira busa n’ubugaragara ku mugereka wa 8.1 w’iyi nyandiko-menyekanisha.

Urupapuro R

Urupapuro rwuzuzwa n’abashaka kwegurira abandi imigabane nk’uko rugaragara ku mugereka wa 8.2, rugomba gukoreshwa n’abanyamigabane bemewe bifuza kwegurira abandi bantu uburenganzira bwabo, binyuze mu nzira zo kegurira abandi imigabane ku bushake, abahisemo iyo nzira bagafata imigabane mishya.

Urupapuro E

Urupapuro rutanga uburenganzira nk’uko rugaragara ku mugereka wa 8.3 rugomba gukoreshwa n’umuntu uwo ariwe wese iyo yaguze imigabane mu kigo cy’igura n’igurisha cyangwa imigabane yasigaye kuri konti ya CSD

Urupapuro A

Urupapuro ruha ububasha umuntu ngo aguhagararire, nk’uko rugaragara ku mugereka 8.4 rugomba kuzuzwa n’abantu babyemerewe bifuza guhagararirwa n’abandi bantu kandi amategeko yemera, cyangwa umukozi ufite aho ahuriye n’uburenganzira buhabwa abanyamigabane.

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

19

IGIKA CYA 4: IBYA NGOMBWA BIJYANYE N’UMUGABANE UGURISHWA IBYA NGOMBWA BIJYANYE N’UMUGABANE UGURISHWA BISHAMIKIYE KU ITEGEKO RY’IGITABO CY’IKIGO GISHINZWE IGURA N’IGURISHA (2013) NO MU MABWIRIZA AGENA IBIKORWA BY’ICYO KIGO KU BURENGANZIRA BUTANGWA (2010)

4.1. Inyandiko ziboneka 4.1.1.

Abanyamigabane bemewe bashobora kubona kopi y’inyandiko-menyekanisha n’impapuro buzuza bazihawe n’abahuza aho imigabane yabo ibarizwa cyangwa ku ishami rya BK, cyangwa bakaba bazikura ku rubuga www.bk.rw

4.1.2.

Urupapuro A, Urupapuro R, Urupapuro E ziboneka ku mukozi ubifitiye ububasha ushinzwe igurisha cyangwa ku rubuga www.bk.rw

4.1.3.

Impapuro za CSD 1,5 na 7 zitangwa n’abakozi babifiye ububasha bashinzwe igurisha

4.1.4.

Impapuro za IBG na ILU ziboneka ku migereka y’inyandiko-menyekanisha.

4.2. Uburenganzira 4.2.1.

Abanyamigabane basanzwe guhera itariki yo kwandikisha imigabane barimo guhabwa uburenganzira mu gitabo cy’abinjira, kugira ngo basabe imigabane mishya ku giciro fatizo.Buri mugabane usanzwe waguzwe igurishwa rigisozwa uhesha nyir’umugabane uburenganzira bumwe bwonyine.

Bigengwa n’ amategeko akurikizwa mu igurishwa ry’imitungo n’amabwiriza akubiye mu nyandiko-menyekanisha. Abantu babyemerewe bahabwa uburenganzira bwo kwandikisha umugabane umwe ugurishwa kuri buri migabane itatu yaguzwe kugeza igihe cyatanzwe ku igurishwa kirangiye.

Kubera ko ikigo cy’igura n’igurisha kitemera ko imigabane idakoreshwa kenshi iri munsi y’ijana, uburenganzira kuri yo izatangwa yikubye inshuro ijana.

Nta burenganzira ku migabane y’ibice buzatangwa. Imigabane y’ibice ivugwa mu mutwe wa 4.3.

4.2.2.

Mu gihe umuntu yaguze imigabane isanzwe kandi ikaba yanditswe mu gitabo cy’abanyamigabane guhera umunsi w’iyandikisha, uwo muntu azahabwa uburenganzira bwo kwandikisha imigabane igurishwa kandi Sosiyete imwoherereze PAL (ibarwa imwemerera by’agateganyo) imumenyesha umubare w’uburenganzira yahawe, n’amabwiriza ajyanye no gukoresha ubwo burenganzira. Hejuru y’imikoreshereze y’ubwo burenganzira, uwo muntu azahabwa imigabane igurishwa hakurikije ibisabwa muri iyi nyandiko-menyekanisha. Abanyamigabane bazegera Sosiyete babaze niba bemerewe uburenganzira mu gihe baba batarahawe ibarwa y’agateganyo (PAL) (Reba Umutwe wa 4.1.3 haruguru).

4.2.3.

Abanyamigabane bemewe biyandikishije mu gihe cy’itangwa ry’imigabanne nibo bonyine bashobora gukomeza ibikorwa , kugurisha cyangwa se gutanga uburenganzira hakurikijwe amabwiriza ya Sosiyete ku bijyanye no guhabwa uburenganzira (Reba Umutwe wa 4.4). Uburenganzira buhabwa abanyamigabane batemewe ntibuzakoreshwa na nyir’ukubuhabwa nk’umugabane ugurishwa. Uburenganzira buzashyirwa ku makonti yabo ariko ntibuzaha abantu nk’abo amahirwe yo kubukoresha, harimo ayo gukomeza ibikorwa, kubukoresha, kugurisha cyangwa se guhinduza ubwo uburenganzira. Kuba iyi nyandiko-menyekanisha yagera ku muntu utemewe nk’umunyamigabane ntibivuga ko yagira uburenganzira ku mitangire y’imigabane igurishwa keretse habonetse izindi mpamvu.

4.2.4.

Abanyamigabane bemewe basabwa kureba niba uburenganzira bwabo buhuje n’ukuri.

4.3. Ibijyanye n’imigabane y’ibice Uburenganzira bwabazwe hakurikijwe ikigereranyo kuri bwo kandi nta nzitizi zashyizwe ku mubare w’imigabane isanzwe, ko yafatwa mbere y’uko umugabane umwe ukura. Gusa, bibazwe mu mibare, ibi byafatwa nk’uburenganzira bw’igice kandi nk’imigabane y’ibiharwe by’imishya. Iyo bigenze bityo, ibice n’ibiharwe bishyirwa ku mubare ubarika wo hejuru cyangwa se wo hasi. Ibyo bice n’ibiharwe bifatwa nk’umugabane wuzuye.

4.4. Amahitamo y’abanyamigabane Ibikorwa tugiye kuvuga nibyo abanyamigabane bashobora guhitamo mu rwego rw’uburenganzira bahabwa: No. 1 2 3 4 5

Igikorwa Gukomeza gukoresha uburenganzira bwabo ku buryo busesuye Kurekera uburenganzira bwose umuvandimwe wa hafi Kugurisha uburenganzira bwabo bwose n’ikigo cy’igura n’igurisha Kwemera gukoresha igice cy’uburenganzira bwabo no kugurisha ubusagutse ku kigo cy’igura n’igurisha (RSE) Kwemera gukoresha igice cy’uburenganzira bwabo no kurekera uburenganzira bwose umuvandimwe wa hafi

Aho washakira Reba Umutwe wa 4.5 Reba Umutwe wa 4.6 Reba Umutwe wa 4.7 Reba Umutwe wa 4.5 n’uwa 4.7 Reba Umutwe wa 4.5 n’uwa 4.6

6

Kwemera gukoresha igice cy’uburenganzira bwabo no guhomba (balance to lapse?) Reba Umutwe wa 4.5 n’uwa 4.8

7

Kutagira na kimwe bakora no kwemera guhomba

Reba Umutwe wa 4.8

Ibindi bikorwa No. 1

Igikorwa

Aho washakira

Kugura uburenganzira n’ikigo cy’igura n’igurisha no gukomeza ibikorwa

Reba Umutwe wa 4.7

Kugura no kugurisha uburenganzira bwose n’ikigo cy’igura n’igurisha (RSE) Reba Umutwe wa 4.7 Kugura no kugurisha bumwe mu burenganzira n’ikigo RSE no gukomeza gukoresha 3 Reba Umutwe wa 4.7 ubusigaye.

2

20

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

IGIKA CYA 4 (Birakomeza) 4.5.

Ikoreshwa ry’uburenganzira

4.5.1.

Hashingiwe ku nzitizi zatanzwe mu ngingo zikurikira, umuntu ubyemerewe, yaba umunyamigabane wiyandikishije ku gihe cyangwa uwahinduje uburenganzira, ashobora gusaba indi migabane yifashishije uburenganzira kuri yo, guhera tariki ya 29 Ukwakira 2018 saa tatu za mu gitondo kugeza tariki ya 9 Ugushyingo 2018 saa kumi n’imwe za nimugoroba ari nayo tariki ntarengwa yo kwakira imigabane.

4.5.2.

Umuntu ubyemerewe aramutse adakoresheje uburenganzira bwe mu gihe cyateganijwe, ubwo burenganzira ntibuba bugishoboye gukoreshwa n’uwo muntu. Iyo umuntu wemerewe gukoresha uburenganzira ku migabane yabukoresheje uko bikwiye, nta cyabusimbura cyangwa ngo kibuhindure. Ni muri urwo rwego, mu gihe umunyamigabane yakoresheje uburenganzira ahabwa ku migabane, agomba kwishyura igiciro cyatanzwe ku mugabane, kabone n’ubwo igiciro ku isoko ry’imigabane cyaba kiri munsi y’igiciro fatizo.

4.5.3.

Umuntu ubifitiye uburenganzira abukoresha yuzuza urupapuro rusaba uburenganzira bwo kwemererwa, akishyura amafaranga y’imigabane mishya (harimo n’imigabane yiyongereyeho aho bishoboka) ateganijwe mu rupapuro rwo gusaba uburenganzira bwo kwemererwa, nk’uko bivugwa muri iyi nyandikomenyekanisha, akarushyikiriza umukozi ubishinzwe bitarenze saa kumi za nimugoroba ku munsi ntarengwa w’itangwa ry’uburenganzira.

bakuzuza urupapuro rwa CSD 7.

4.6.4.

Mu gihe umunyamigabane yemeye bumwe mu burenganzira hanyuma agatanga ubusigaye ku bushake bwe mu buryo bwavuzwe haruguru, kandi bikaba byakozwe hakurikijwe urupapuro rwa CSD 7, uwo munyamigabane asabwa gutanga urupapuro rw’ibarwa isaba kwemererwa by’agateganyo, ndetse n’urupapuro E, byombi byujuje neza byometseho n’impapuro z’ubwishyu zijyanye n’uburenganzira bwemewe, zigashyikirizwa umukozi ubifitiye ububasha mbere y’itariki ntarengwa, bitarenze saa kumi z’igicamunsi.

4.6.5.

Igihe ntarengwa ku bashaka kwikuraho imigabane ku bushake ni umunsi ntarengwa bahawe, bitarenze saa kumi z’igicamunsi.

4.6.6.

Ikiguzi icyo aricyo cyose cyangwa amafaranga yishyurwa n’ikigo RSE ajyanye no kwikuraho imigabane ku bushake azatangwa na nyir’ubwite.

4.6.7.

Kwikuraho imigabane idafite igishoro bigengwa n’amategeko n’amabwiriza aboneka mu mutwe wa 4.14 – Ayo mategeko n’amabwiriza aboneka mu ngingo ziri inyuma.

4.7.

Igurishwa ry’uburenganzira

4.7.1.

Ikigo cy’u Rwanda gishinzwe amasoko n’imitungo (CMA) n’ikigo cy’igura n’igurisha (RSE) byemeye igurishwa ry’imigabane idafite igishoro muri RSE.

4.5.4.

Impapuro zisabirwaho uburenganzira ni urupapuro rwitwa PAL, urwitwa R n’urwitwa E.

4.7.2.

4.5.5.

Urupapuro rusaba uburenganzira rugomba gukorwa neza kugira ngo rushobore gufatanywa n’imashini, naho amafaranga arutangwaho akaba ari ayo kurugura.

Abanyamigabane babyemerewe basabwa kwegera umukozi ubifitiye ububasha mu gihe bifuza kwikuraho no kugurisha uburenganzira budafite igishoro.

4.7.3.

Abanyamigabane bafite amakonti ya CSD akaba adafite ibishoro nibo bonyine bashobora kuzigurisha.

4.7.4.

Uburenganzira bw’imigabane itagira igishoro burafasha nk’uburyo bwo guhitamo kandi bushobora kugurwa n’ikigo cy’igura n’igurisha ry’imitungo, ishami ryacyo rishinzwe ishoramari mu rwego rwo kubuhesha agaciro. Igiciro cy’uburenganzira budafite igishoro gishirwaho n’impande zombi muri RSE: ugura n’ugurisha.

4.7.5.

Uburenganzira budafite igishoro bushobora kugurwa n’ikigo cy’igura n’igurisha ry’imitungo ku munsi wagenwe w’igurisha, hagati ya saa tatu za mu gitondo na saa sita z’amanywa Nil paid Rights.

4.7.6.

Igurishwa ry’uburenganzira butagira ibishoro muri RSE rizabyara inyungu zikomoka ku bahuza b’abaguzi n’abagura hiyongereyeho andi mafaranga yishyurwa n’ugurisha ndetse n’umuguzi, bityo BK ikaba ntacyo isabwa kwishyura. Ubusanzwe inyungu zo muri ubwo bwoko ziba ziteye ku buryo bukurikira:

4.5.6.

Urupapuro rusaba uburenganzira rwujujwe uko bikwiye rukimara kuzuzwa rugomba gusubizwa umukozi ubifitiye ububasha, hamwe n’urupapuro rw’ubwishyu bw’umubare w’imigabane mishya.

4.5.7.

Ibarwa yemerera by’agateganyo: Abanyamigabane bemewe bifuza gukomeza gukoresha uburenganzira bwabo busesuye basabwa kuzuza ahafite umutwe ugira uti: “Kwemererwa burundu” (Igice cya 1A)“, hamwe n’ahateganirijwe ibarwa yo kwemererwa by’agateganyo (PAL). Abanyamigabane bifuza guhabwa igice cyonyine cy’uburenganzira basabwa kuzuza ahanditse ngo” Kwemererwa igice cy’imigabane” (Igice cya 2), n’ahandi hose hagaragara ibarwa y’agateganyo (PAL). Byumvikane ko kwemererwa igice bitemewe ku migabane iri munsi y’ijana (100).

4.5.8.

4.5.9.

Iyo urupapuro rusaba uburenganzira rutujuje uko bikwiye, BK ifite mu nshingano zayo uburenganzira bwo kwanga ubwo busabe cyangwa kubwemera, kandi icyemezo gifashwe na BK cyo kubwemera cyangwa kubwanga, cyangwa uburyo cyasesengurwamo, cyahindurwa se cyangwa kikuzuzwa kizaba ariwo mwanzuro wa nyuma.

Impapuro zisaba kwemererwa zishobora kutakirwa nk’uko bivugwa mu mutwe wa 4.12 – Amabwiriza ajyanye no kutakira impapuro ari mu ngingo z’inyuma

Amafaranga ava ku ugura n’ugurisha

Amafaranga ya CMA

Ikigega cy’ingoboka

Amafaranga atangwa na CSD

Yose hamwe

1.50%

0.14%

0.02%

0.05%

1.71%

4.7.7.

Abaguzi b’uburenganzira budafite igishoro bahabwa urupapuro E rwuzuye n’umukozi ushinzwe ibikorwa by’igurisha kugira ngo buzuzeho ibibura. Ku by’ibyo, ubu burenganzira bushobora kugurishwaho cyangwa bukagurishwa bwose muri RSE, cyangwa bukemerwa ( igice cyangwa bwose), cyangwa gakoreshwa nk’ubugurishwa n’ubwakirwa, mu gihe cyateganirijwe igurishwa, nk’uko ingengabihe y’igurisha ibigaragaza mu mutwe wa 1.

4.8.

Kwanga uburenganzira

4.8.1.

Nta giteganijwe gukorerwa abanyamigabane bahisemo kwanga uburenganzira bwabo.Ubwo burenganzira bwanzwe na bene bwo buzafatwa nk’imigabane igurishwa yuzuye.

4.9.

Imigabane yuzuye

4.9.1.

Umujyanama Mukuru mu by’ubucuruzi yemeye ko, mu mwanya wa Sosiyete, hashingiwe ku mabwiriza akubiye muri iyi NyandikoMenyekanisha no ku cyemezo cy’abagize Inama y’ubutegetsi mu nama rusange iheruka, kwita ku migabane itarafashwe mu gihe cy’itangwa ry’uburenganzira nk’uko abyumva, gukora nk’umuyobozi igafatwa nk’iyuzuye no gukoresha ubushake

4.5.10. Kwemererwa bigenwa n’amabwiriza y’ibisabwa ari mu mutwe wa 4.14 – Ayo mabwiriza aboneka mu ngingo ziri inyuma.

4.6.

4.6.1.

4.6.2.

4.6.3.

Kureka gukoresha imigabane ku bushake Abanyamigabane babyemerewe basabwa kwegera umukozi ubifitiye ububasha ku bijyanye no kureka imigabane ku bushake.

Eligible Shareholders are advised to contact an Authorized Agent for the purposes of effecting the renunciation by private transfer.

Abanyamigabane bifuza guhinduza imigabane itagira igishoro/ nil paid rights shares bakayiha bene wabo, barabyemerewe bikozwe ku bushake bwabo.Eligible Shareholders wishing to transfer their nil paid Rights to a close relative, may do so by way of private transfer.

Kugira ngo hakorwe ihererekanya ry’imigabane, umunyamigabane n’umuntu yifuza kuyiha bagomba kuba bafite konti CSD kandi

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

21

IGIKA CYA 4 (Birakomeza) kugira ngo ageze imigabane yuzuye ku bemerewe gushora imari (QIIs: Qualified Institutional Investors) abinyujije mu igurisha ry’imigabane.

Uburyo bwo kwishyura Mode

4.9.2.

Byitezwe ko itangwa ry’imigabane yuzuye rizatangira mu gihe gishoboka nyuma y’igihe cyateganirijwe itanga ry’uburenganzira.

Kohereza mafaranga

4.9.3.

Imigabane yuzuye ntizahabwa abantu muri rusange, ahubwo izahabwa abashoramari babyemerewe (QIIs). Igurishwa ry’imigabane yuzuye ntizagera ku bantu bose nk’uko biteganywa mu mategeko y’u Rwanda agenga amasoko n’imitungo, cyangwa amategeko ya Kenya (Itegeko rigena amasoko n’Imitungo (Cap 485A ryo mu mategeko ya Kenya). Gushora imigabane ku giti cy’umuntu bireba nyir’ubwite nk’uko biteganywa n’amategeko y’u Rwanda n’aya Kenya (Umutwe wa 502 (2) w’Itegeko rigenga amasosiyete, umutwe wa 30A(3) w’Itegeko rigenga amasoko n’imitungo) yavuzwe haruguru n’umutwe wa 21 uvuga ku igurisha ry’amasoko n’imitungo itimukanwa (Itangwa ry’amasoko rusange, Urutonde no kurutangaza), amtegeko n’amabwiriza yo muri 2002.

4.9.4.

IBG

Itangwa ry’imigabane yuzuye igenwa gusa n’Inama y’ubutegetsi.

Kwishyura iyo migabane bizakorwa hakurikijwe umubare uzatangwa nyuma w’amafaranga azaba yemejwe. Ibizava mu itangwa ry’imigabane yuzuye bizashyirwa ahagaragara mu itangazo rigenewe abanyamigabane

4.10. Amafaranga aherekeza inyandiko isaba 4.10.1. Izi zikurikira ni inzira wanyuramo wishyura amafaranga 4.10.2. Amafaranga yose yishyurwa mu manyarwanda 4.10.3. Amafaranga ayo ariyo yose yishyurwa ku bw’umutekano wayo yishyurwa na nyir’umugabane wemewe, ubifitiye ububasha cyangwa uwayeguriye abandi, ntabwo ari Sosiyete cyangwa abajyanama/abakozi bayo.

4.10.4. Amafaranga yose agomba kwishyurirwa kuri banki yakira, uyatanze agahabwa icyemezo gihwanye n’umubare w’ayo yatanze, akaba ari ikimenyetso cy’uko ahawe uburenganzira ku migabane hakurikije ibisabwa muri iyi nyandiko-menyekanisha, ariko hatirengagijwe ibikubiye mu mutwe wa 4.12 ku bijyanye no kwanga ubusabe.

4.10.5. Nta nyungu Sosiyete cyangwa abajyanama/abakozi bayo bazigera bishyura ku cyemezo icyo aricyo cyose cy’amafaranga aherekeza inyandiko isaba uburenganzira.

4.10.6. Mu gihe ushinzwe imari afite uruhare aho imigabane mishya igomba gukoreshwa nk’ingwate, kwishyurwa niwe ubikora nk’uko bigaragara mu ngingo zikurikira.

4.10.7. Abanyamigabane bujuje ibisabwa bashobora kwifashisha zimwe mu nzira zikurikira bishyura. Icyitonderwa: imwe muri izo nzira niyo yonyine izifashishwa kugira ngo hishyurwe amafaranga aherekeza inyandiko usaba uburenganzira: Uburyo bwo kwishyura Mode Sheki ya Banki

Description 1.

Byaba byiza sheki ihise yishyurirwa muri banki yakira amafaranga kugira ngo umukozi ushinzwe igurisha abone konti ayo mafaranga yishyuriweho(reba hepfo urutonde rw’amakonti ya ASA).

2.

Yagombye gushyirwa ku rupapuro rw’uburenganzira rwa BK No. XXXXXXX’ hanyuma igacishwamo umurongo ugira uri “A/C Uwishyura gusa”. (Ikimenyetso kigizwe n’inyuguti XXX gishatse kuvuga nomero za sheik zigezweho).

3.

22

Sheki ya Banki izomekwa ku rupapuro ruherekeza gusaba uburenganzira kandi ruhite rutangwa kugira ngo rubarurwe.

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

ILU

Description 1.

Kohereza amafaranga bikorwa na banki yakira amafaranga atanzwe ako kanya; yohererezwa umukozi ushinzwe igurisha (reba konti hepfo-urutonde rw’amakonti ya ASA).

2.

Iyo bohereza amafaranga bavuga izina ry’umunyamigabane na nomero z’urupapuro ruherekeza gusaba uburenganzira nk’ikimenyetso cy’ako kanya.

3.

Gukora fotokopi y’urupapuro rw’ikimenyetso ko amafaranga yishyuwe.

4.

Komeka urupapuro rw’umwimerere rw’icyo kimenyetso ku rupapuro ruherekeza gusaba uburenganzira hagasigaranwa fotokopi.

1.

Akamaro k’ingenzi ka IBG n’ubushobozi bwo kwishyurira ku migabane.

2.

Ikibi cya IBG ni igiciro cyingwate yayo mu gihe amafaranga agenda ahindagurika mu mabanki y’ubucuruzi.

3.

IBG zizakoresha urupapuro rusa n’ururi ku mugereka 14 kandi rugomba gushyirwaho umukono na banki itanze ingwate ikoresheje ubutumwa bwihuse SWIFT bwohererejwe banki yakira amafaranga, ku munsi w’itanga ry’uburenganzira cyangwa ku itangwa ry’imigabane yuzuye saa kumi n’imwe za nimugoroba cyangwa mbere yaho.

4.

Uupapuro rw’umwimerere rwa IBG rugomba komekwa kuri RIF.

5.

Sosiyete niyo yonyine ifite umwihariko wo gukuramo IBG.

1.

Urupapuro rw’umwimerere rwa ILU rushyirwa kuri RIF.

2.

Sosiyete niyo yonyine yemerewe gukuramo ILU.

Impapuro zose ziherekeza gusaba uburenganzira zigomba kwakirirwa kuri amwe mu makonti akurikira, bitewe n’umukozi ushinzwe igurisha ubifitiye ububasha. Iyo konti muri banki yakira amafaranga ni: Banki

Izina rya konti y‘umuhuza

Nomero ya konti

Bank ya Kigali

BK Rights Issue – BK Capital

00040-99002018-74

Banki ya Kigali

BK Rights Issue – African Alliance 00040-99002019-75 Rwanda

Banki ya Kigali

BK Rights Issue – Baraka Capital

00040-99002020-76

Banki ya Kigali

BK Rights Issue – CDH Capital

00040-99002021-77

Banki ya Kigali

BK Rights Issue – CORE Securities

00040-99002022-78

Banki ya Kigali

BK Rights Issue – Faida Securities

00040-99002023-79

Banki ya Kigali

BK Rights Issue – MBEA Brokerage 00040-99002024-80 Services

Banki ya Kigali

BK Rights Issue – SBG Securities

00040-99002025-81

4.11.

Ibibazo byabonewe ibisubizo

4.11.1.

Abashaka inguzanyo bashobora kwegera ushinzwe imari kugira ngo aborohereze kwishyura inguzanyo basabye bakoresheje urupapuro ruherekeza gusaba uburenganzira.

4.11.2.

Korohereza abanyamigabane ibyo gusaba inguzanyo bifashishije imigabane mishya nk’ingwate ni icyemezo gifatwa n’ushinzwe imari abikoze ku giti cye kandi akirengera ingaruka zabyo.

4.11.3.

Byongeye kandi, ushinzwe imari yohereza ibarwa kwa nyiri CSD ivuga ko imigabane mishya ishyizwe mu ngwate keretse mu gihe yiri CSD ahawe amabwiriza yo kwandika asaba to lift the pledge.

4.11.4.

Nk’uko byanditswe mu mutwe wa 4.14, gusubizwa amafaranga bisaba ko umucungamari atanga ibisabwa byose bijyanye na konti ya banki muri RIF.

4.11.5.

Ibarwa kuri icyo kibazo, nk’uko bigaragara mu mutwe wa 4.11.3 hamwe n’urupapuro ruherekeza gusaba uburenganzira bizomekwa kuri urwo rupapuro kandi hatanzwe icyemezo rukazoherezwa n’umwanditsi.

4.11.6.

Yaba Sosiyete cyangwa abajyanama/ abakozi nta n’umwe uzemera inshingano zijyanye n’ingwate zitashyizwe ku rutonde ku munsi w’iyandikisha.

IGIKA CYA 4 (Birakomeza) 4.12.

Uburyo bwo kwanga ibisabwa

4.12.1.

Ibarwa yo kwemererwa by’agateganyo PAL cyangwa urundi rupapuro rwifashishwa mu gusaba uburenganzira no gusaba imigabane y’inyongera ishobora kwangwa ku mpamvu zikurikira: i) Mu gihe ituzuye, idasobanutse cyangwa idafite aho ihuriye n’amabwiriza yatanzwe mu myandiko-menyekanisha no muri buri bwoko bw’rupapuro;

iv) 4.1.7.

Mu gihe abanditsee bo mu cyiciro (i),(ii),n’icya (iii) bazahabwa uburenganzira busesuye baramutse bujuje ibisabwa, abo mu cyiciro cya (iv) bazagira uburenganzire bwo guhabwa migabane yindi izaba itaranzwe bamaze kuzuza ibisabwa mu byiciro bitatu bibanza.

4.1.8.

Itangwa ry’imigabane mishya rizatangira gukorwa ku gihe no ku itariki Inama y’Ubuyobozi ya BK Group izateranira hagamijwe itangwa ry’uburenganzira ku migabane, ni ukuvuga imigabane mishya itangwa na BK Group hifashishijwe ibivugwa ku byangombwa nkenerwa no ku bisabwa muri iyi nyandikomenyekanisha, harimo no gushyira ku isoko imigabane yuzuye.

ii) Mu gihe nta mukono wa nyirayo uhari nk’uko bisabwa cyangwa uw’umwishingizi; iii) Kuba usaba yarishyuye amafaranga adahagije muri banki; iv) Kuba harakoreshejwe uburyo burenze bumwe kwishyura imigabane mishya mu rupapuro rumwe ruharekeza ubusabe;

4.14. Uburyo bwo gusubizwa amafaranga 4.14.1.

Mu gihe ubusabe butakiriwe hakurikije ibitegannywa mu mutwe wa 4.12, gusubizwa amafaranga bizakorwa binyuze mu kigega gishinzwe kohereza amafaranga, kandi nomero ya banki ni ngombwa.

4.14.2.

Abakiliya ba banki yakira amafaranga bazayahabwa binyuze ku makonti yabo.

4.14.3.

Mu gihe isubizwa ry’amafaranga rya mbere ritagenze neza, Banki yakira amafaranga izagerageza uburyo bwa kabiri imaze kugenzura neza ibyanditswe ku mpapuro. Igerageza rya gatatu rizakorwa nyuma yo kuvugana n’umushoramari.

4.14.4.

Mu gihe kohereza amafaranga bikomeje kwanga, hazifashishwa sheki ya nyiri banki cyangwa bank draft igakorwa.

4.14.5.

Mu gihe umucungamari yahaye umushoramari inguzanyo yo kwandikisha imigabane mishya, isubizwa ry’amafaranga rizakorwa hakurikije ibyanditse mu rupapuro rwbigenewe.

Umucungamari afite inshingano zo kumenya neza niba amabwiriza yose ya banki yaranditswe uko bikwiye niba koko ahuje n’ukuri.

4.14.6.

Amasheki yo gusubirizaho amafaranga agomba gutangwa n’umukozi ushinzwe igurisha wanyujijweho amafaranga. Usaba agomba kwitwaza indangamuntu cyangwa ibyemezo bindi bigaragaza ko ari we.

4.14.7.

Gusubizwa amafaranga bizaba hitawe ku biciro by’isoko ry’ivunjisha. Umushoramari niwe uzirengera ibihombo bizakomoka ku ivunjisha, ntabwo ari Sosiyete cyangwa abajyanama/abakozi bayo.

4.14.8.

Yaba Sosiyete cyangwa abajyanama/abakozi bayo, ntawe ufite mu nshingano za gusubiza amafaranga atarageza muri banki cyangwa yakerewe kuhagera. Ibihombo bizaturuka ku isubizwa ry’amafaranga bizabarwa ku mushoramari naho Sosiyete cyangwa abajyanama/abakozi bayo ntacyo bazabazwa.

4.14.9.

Mu gihe amafaranga ashubijwe anyuze kuri konti itari yo, cyangwa se Banki yakira amafaranga ikandika nabi amasheki, Sosiyete izirengera amakosa kandi ikosore iryo yoherezwa n’ayo masheki nk’uko bisabwa, hapfa kuba hari urupapuro ruyibimenyesha.

Umushoramari asabwa kwandikira umukozi ushinzwe igurisha cyangwa se Sosiyete bazakora iperereza ryabyo bitarenze iminsi icumi (10) bakazaha umushoramari umwanzuro. Gukosora ikosa bizakorwa mu gihe kitarenze iminsi icumi y’akazi.

v) IBG cyangwa ILU itariyo; vi) Urupapuro ruherekeza ubusabe rwarakiriwe uko bikwiye ariko urwo kuzuza rukaba rudahuye n’ukuri cyangwa rubura; vii) Kuba ubusabe bujyanye no kwegurira abandi imigabane bwaranzwe cyangwa se aho icyemezo gitangwa n’ikigo gishinzwe igura n’igurisha ry’imiyungo cyarengeje igihe nyuma y’isoza; viii) Aho urupapuro E rwakoreshejwe, nta migabane yanditse kuri konti CSD; ix) Amakashe menshi y’umukozi ushinzwe igurisha ku rupapuro rumwe; x) Kuba ushinzwe igurisha yarohereje ubusabe ku mwanditisi nyuma y’itariki ntarengwa; xi) Kuba BK isanze ko amafaranga adahagije kuri konti xii) Yaba BK Group Plc cyangwa abajyanama/abakozi ntawe uzitirirwa kwanga ubusabe kabone n’ubwo haba hakurikijwe uburyo bumaze kuvugwa haruguru.

4.13. Uburyo bwo gutanga uburenganzira 4.1.1.

Hashingiye ku bikubiye mu mutwe wa 4.12

4.1.2.

Abanyamigabane bujuje ibisabwa bemera uburenganzira busesuye cyangwa bw’igice, buherekejwe n’ibarwa isaba uburenganzira ku migabane bazemererwa imigabne mishya nk’uko biteganijwe mu ibarwa ibemerera by’agateganyo PAL.

4.1.3.

Abashoboye kwegurira abandi imigabane yabo yose cyangwa mike, bigakorwa hifashishijwe urupapuro ruherekeza ubusabe, bazahabwa nomero y’imigabane mishya itanzwe ku buryo bwuzuye nk’uko bimeze mu rupapuro rwabo R.

4.1.4.

Abafite uburenganzira babwemera bwose cyangwa bemeramo buke, bakagira n’urupapuro ruherekeza ubusabe, bazahabwa nomero yuzuye cy’uko imigabane mishya yishyuwe yose nk’uko biteganijwe n’urupapuro rwabo E.

4.1.5.

Indi migabane izahabwa abazayisaba mu rwego rwo gutanga isoko ry’imigabane yuzuye.

4.1.6.

Kugira ngo hatabaho gushidikanya, itangwa ry’imigabane rizakorwa hakurikijwe gahunda ikurikira: i)

Guha abanyamigabane basanzwe imigabane nko mu buryo bw’agateganyo;

ii)

Guha imigabane abayeguriwe (Urupapuro R);

iii)

Guha imigabane abahawe uburenganzira(Urupapuro E);

Gushyira ku isoko imigabane yuzuye.

4.14.10. Banki yakira amafaranga izashyiraho ingamba z’umutekano usesuye w’amasheki.Muri zo, twavuga guhanahana amakuru n’abashinzwe igurisha ku buryo nyabwo, gukoresha ubushakashatsi bwihariye, gushyiraho inzego z’ubuyobozi n’abakozi babishoboye buri wese n’inshingano ze.

4.14.11. Isubizwa ry’amafaranga rigomba gukurikiza amategeko ya AML.

4.15. Ambwiriza yerekana aho bibujijwe kugurisha imigabane BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

23

IGIKA CYA 4 (Birakomeza) 4.15.1. Amabwiriza yerekeye kugurisha no guhererekanya imigabane

Ikwirakwiza ry’iyi nyandiko-menyekanisha n’itangwa ry’uburenganzira ku migabane mu nkiko zimwe na zimwe bikwiye guhabwa imbibe ntarengwa n’itegeko, hanyuma abantu barifite bakajya bakabwirana uko umurongo w’itegeko ugomba kubahirizwa, ndetse n’abatarifite ariko bakurira ibirikubiyemo.

Umuntu wese uzanyura kuri aya mabwiriza azaba yishe amategeko agenga agaciro k’imitungo itimukanwa akurikizwa mu rukiko uru n’uru.

Nta kintu na kimwe Sosiyete cyangwa umuyobozi w’igikorwa bazigera bayobora mu rukiko urwo arirwo rwose cyatuma haba itangwa cyangwa igurisha ry’imigabane mishya mu ruhame, cyangwa kuba abantu bafite cyangwa bakwirakwiza iyi nyandikomenyekanisha (cyangwa itangwa rindi ry’imigabane cyangwa igikoresho cyamamaza ku itangwa ry’imigabane),mu gihugu icyo ari cyo cyse cyangwa urukiko urwo ari rwo rwose (usibye Kenya), mu gihe igikorwa giturutse kuri iyo mpamvu gikenewe cyangwa se niba ari uko bimeze cyagenwa n’itegeko.

Nta n’umwe muri iyi migabane mishya uzashyirwa ku isoko, haba kuyiyandikishaho, kuyigurisha se cyangwa kuyigura cyangwa kuyiha abandi, kandi iyi-nyandiko-menyekanisha n’ubundi buryo bwose buganisha ku burenganzira ku migabane, ntibigomba gukwirakwizwa, mu rukiko urwo ari rwo rwose, aho bigenze bityo bikaba byishe amategeko arengera imitungo itimukanwa cyangwa amategeko n’amabwiriza y’urukiko uru n’uru cyangwa kuba byatuma biba ngombwa kwemererwa kwandika cyangwa kwiyandikisha umuntu asaba uburenganzira ku migabane.

Abantu bafite iyi nyandiko-menyekanisha bakwiriye kungurana ibitekerezo kuri yo no ku burenganzira ku migabane bukubiyo muri iyi nyandiko-menyekanisha. Umuntu wese uzanyuranya n’aya mabwiriza azaba yishe itegeko rigenga igura n’igurisha ry’imitungo itimukanwa ry’urwo rukiko.

n’uburyo bashyira mu kikorwa ibwiriza muri icyo gihugu.

Amagambo “inyandiko itanga amakuru n’ibisonanuroa’ bivuba amabwiriza 2003 /71/EC (n’byayahinduwemo, harimo ihinduka ry’amabwiriza 2010 PD, ku kigero cyamaze gushyirwa mu bikorwa na Leta y’igihugu) ikaba ikubiyemo uburyo ubwo aribwo bwose bwo gushyira mu bikorwa amabwiriza muri buri gihugu, hanyuma amagambo “2010 PD “Ihinduka ry’amabwiriza 2010 PD” rikavuga amabwiriza 2010/73/EU. Haramutse habayeho imigabane mishya yahabwa umuhuza mu by’imari nk’uko iryo jambo rikoreshwa mu ngingo ya ya 3(2) y’ inyandiko itanga amakuru n’ibisonanuro, buri muhuza yafatwa nk’aho yahagarariye igikorwa kandi yemerako imigabane mishya yakiriwe itatanzwe mu nzira zikumira bamwe , cyangwa ngo zitangwe hagamijwe ko zongera zigatangwa cyangwa zikagugishwa ku bantu mu buryo byaba nko gushyira imigabane mishya ku isoko mu ruhame aho kuyigurisha bundi bushya muri Leta igize uriya muryango, igahabwa abashoramari bujujue ibisabwa cyangwa mu mu gihe abayobozi barangije gutanga igisubizo kibyemeza kuri buri tangwa cyangwa iugisha rindi ry’imigabane.

4.15.3. Leta Zunze Ubumwe za Amerika

Abashoramari bemewe

Imigabane mishya ntiyigeze yandikwa nta n’ubwo bizabaho mu mategeko agena igura n’igurisha ry’imitungo itimukanwa ya Leta Zunze Ubumwe z’Amerika cyangwa amategeko nk’ayo yandi yubahirizwa muri iyo Leta, kandi, uretse rimwe na rimwe byashoboka, ntizigera igurishwa muri Leta Zunze Ubumwe z’Amerika. Imigabane mishya izatangwa cyangwa igurishwe mugikorwa cy’ubucuruzi hanze ya Leta Zunze Ubumwe z’Amerika, bivuga ko bizaba hakurikieje Itegeko S ryubahirizwa mu iteka rya rigene imigurishirize y’imitungo itimukanwa muri Leta Zunze Ubumwe z’Amerika.

Byongeye, nyuma y’iminsi 40 hatanzwe isoko, itangwa ry’imigabane mishya muri Leta Zunze Ubumwe z’Amerika rikozwe n’umugurisha (yaba ari mu bafite cyangwa badafite uburenganzira ku migabane) ryaba ryishe amategeko ya leta Zunze Ubumwe z’Amerika agenga iyandikisha ry’imitungo itimukanwa yagenewe kugurisha mu gihe iryo gurisha ryaba hadakurikijwe itegeko 144A.

Umuntu wese uhawe imigabane mishya cyangwa uhawe isoko ry’imigabane azafatwa nk’aho yabyumvikanyeho na Sosiyete igurisha iyo migabane n’abajyanama bayo muri icyo gikorwa ko (i), imigabane iguriwe ahatari muri Leta zunze Ubumwe z’Amerika. kandi ko konti ye y’imigabane mishya iri hanze ya Leta Zunze Ubumwe z’Amerika, kugira ngo hubahirizwe amabwiriza S S y’Itegeko rigenga imigabane muri Amerika; (ii) ko nta gitekerezo afite cyo kuzakoresha iyo migabane mu rwego rw’ishoramari muri icyo gihugu kugirango hubahirizwe ingingo ya 902(c) y’Itegeko rigenga imigabane muri Amerika; kandi ko (iii) atazashyira iyo migabane ku isoko,atazayigurisha ku bwunvikane cyangwa ngo ayitangeho ingwate, cyangwa ibindi bijyanye no guhindura nyirayo cyangwa kuyiha abandi, keretse mu rwego rutarebwa n’Itegeko Rigenga Imigabane muri Amerika n’andi mategeko y’intara zigize Leta Zunze Ubumwe z’Amerika.

Sosiyete, Umujyanama Mukuru wayo mu gikorwa cyo kugurisha imigabane mishya, amasosiyete ayishingiyeho n’abandi bose bireba bazafata ufite iyo migabane nk’umunyakuri wubahirije amategeko ariho agaha agaciro amabwiriza n’amasezerano yagranue n’abamugurishije imigabane.

4.15.2. Umuryango w’Ubukungu w’ibihugu byo ku mugabane w’i Burayi

24

Ku byerekeye buri gihugu kiri mu muryango w’ubukungu mu bihugu by’i Burayi (EEA) cyashyize mu bikorwa inyandiko itanga amakuru n’ibisonanuro ku itanga ry’imigabane(2003/71/EC) (muri buri gihugu kigize uwo muryango), itangwa ry’imigabane mishya ntirigomba gukorwa muri icyo gihugu, usibye ko igihe icyo ari cyo cyose imigabane mishya yashyirwa ku isoko n’icyo gihugu ubwacyo hakuweho amafaranga yo kwiyandikisha ku bantu no ku bigo bikurikira, hakurikije inyandiko itanga amakuru n’ibisonanuro , mu gihe muri icyo gihugu hashyizwe mu bikorwa ibi bikurikira: a)

a) Kuri buri kigo cyangwa icyo ari cyo cyose gifite ubuzima gatozi cyashyizwe mu rwego r’abashoramari hakutikije inyandiko itanga amakuru n’ibisonanuro;

b)

b) Ku bitagera ku 100, cyangwa , mu gihe igihugu iki n’iki kigize uyu muryango cyashyize mu bikorwa ingingo ya 2010 PD ihindura inyandiko itanga amakuru n’ibisonanuro, abantu ku giti cyabo n’ibigo 150 (hatabariwemo abashoramari babifitiye uburenganzira nk’uko biteganywa n’ inyandiko itanga amakuru n’ibisonanuro

c)

c) Nta na rimwe iyubahirizwa ry’ingingo ya 3(2) y’ inyandiko itanga amakuru n’ibisonanuro, hapfa kuba gusa nta tangwa ry’imigabane misha nk’iryo ryabayeho rizitwa ko ari kimwe mu bikenewe kugira ngo Sosiyete cyangwa Umujyanama mukuru w’igikorwa batangaze inyandiko-menyekanisha hakurikije ingingo ya 3 y’ inyandiko itanga amakuru n’ibisonanuro kandi buri muntu ubonye imigabane mishya rugikubita cyangwa se uhawe undi mugabane azafatwa nk’aho yahagarariye igikorwa kandi yemeranijwe na Sosiyete cyangwa Umujyanama uyoboye igikorwa kwitwa ko ari umushoramari nk’uko amategeko abivuga muri icyo gihugu gishyira mu bikorwa ingingo ya 2(1) y’ inyandiko itanga amakuru n’ibisonanuro. Ku mpamvu z’iyi ngingo, iyo bavuze “itangwa mu ruhame ry’imigabane mishya iyo aiyo yose” bikaba byakwibutsa imigabane mishya muri Leta iyi n’iyi, bivuga itumanaho iryo ariryo ryose kandi hifashishijwe amakuru ahagije ku bivugwa mu itangazo ryo kumenyesha, hanyuma imigabane mishya igatangwa hagamijwe ko umushoramari yafata icyemezo cyo kugura imigane mishya cyangwa kwiyandisha ku izatangwa , nk’uko ibyo byagenda bihinduka muri iyo Leta bitewe

Sosiyete, Umujyanama mukuru w’igikorwa hamwe n’abafatanyabikorwa babo n’abandi, bazagirira icyizere abayobozi bacyuye igihe.

Hatitawe ku bimaze kuvugwa , umuntu wese utujuje ibisabwa ngo abe umushoramari kandi wabimenyesheje umujyanama mukuru w’igikorwa mu nyandiko, ashobora kwemererwa kwandikisha cyangwa kugura imigabane mishya ishyizwe ku isoko, abiherewe uburenganzira n’abajyanama b’igikowa.

4.15.4. Afurika y’Epfo

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

Iyi migabane ntishyizwe ku isoko muri Afurika y’Epfo ‘‘haba ku bantu bose cyangwa igice cyabo nk’uko bisobanurwa n’Itegeko ry’icyo gihugu rigenga Amasosyete y’Ubucuruzi 2008 (nk’uko ryagiye rivugururwa) mu gika cyaryo cya. 71. Iyi nyandiko itanga amakuru ntabwo ari kandi nta n’ubwo igenewe kuba ‘‘inyandiko

IGIKA CYA 4 (Birakomeza) yemewe itanga amakuru ku migabane” nk’uko bisobanurwa n’itegeko ry’icyo gihugu rigenga amasosiyete y’ubucuruzi. Mu rwego rwo kugira ngo iyo migabane igurishwe muri Afurika y’Epfo, igomba kugurishwa gusa: (i) Abantu babyemerewe nk’uko bivugwa mu gika cya 96(1)(a) cy’tegeko rivuzwe hejuru; na/cyangwa (ii) mu buryo busobanurwa n’igika cya 96(1)(b) cy’iryo tegeko aho umuguzi umwe agomba kugura imigabane ifite agaciro katari hasi y’amarandi 1,000,000. Niba imigabane ibonetse igurishwa muri Afurika y’Epfo, abagura bagomba kubahiriza, aho bisabwa, amabwiriza agendanye n’icyo gikorwa atangwa n’ibro bishinzwe ivunjisha ry’amadovize n’uruhushya rwa Banki Nkuru y’Afurika y’Epfo. Umuguzi wese uhawe imigabane mishya cyangwa uhawe isoko ry’imigabane azafatwa nk’aho yabyumvikanyeho na Sosiyete igurisha iyo migabane n’abajyanama bayo muri icyo gikorwa, kandi ko ari ko abyemerewe n’itegeko. Kubera iyo mpamvu, iyi nyandiko itanga amakuru ntabwo ari ‘‘inyandiko yemewe itanga amakuru ku migabane” nk’uko bisobanurwa n’itegeko ry’Afurika y’Epfo rigenga amasosiyete y’ubucuruzi.

4.15.5. United Kingdom

Nta mgabane yashyizwe ku isoko muri iki gihugu, nta n’izahaboneka. Iyi nyandiko itanga amakuru ntabwo yemewe nk’itanga amakuru ashishikariza rubanda muri United Kingdom kugura imigabane ya BK cyangwa y’indi sosiyete.

Iyi nyandiko itanga amakuru ntabwo ari iyo kubwiriza rubanda uburyo bakoresha kugura imigabane nk’uko bigenwa n’amabwiriza ya AIM agenewe amasosiyete yo muri United Kingdom. Iy nyandiko kandi ntiyemewe nk’uko bisobanurwa n’Igika cya 84(2) cy’Itegeko rigenga Serivisi z’Imari n’Amasoko ryo muri 2000 (“FSMA”). Ntabwo yemejwe n’Ikigo Gishinzwe Imyitwarire mu by’Imari muri icyo gihugu mu buryo busobanurwa mu gika cya 85 na 87 bya FSMA. Iyi nyandiko ntiyemerewe mu rwego rw’ishoramari muri United Kingdom nk’uko biteganywa n’igika cya 21 cya FSMA.

Mu rwego rwo kugira ngo iyo migabane iboneke igurishwe muri United Kingdom, igomba kugurishwa gusa: (i) abashoramari b’umwuga (nkuko bisobanurwa mu ngingo ya 19(5) y’Itegeko rigenga Serivisi z’Imari n’Amasoko ryo muri 2000, Iteka ryo muri 2005 ro guteza imbere ishoramari (FPO) (nk’uko ryagiye rivugururwa); (ii) inzobere mu by’ishoramari zibifitiye impamyabumenyi (nk’uko bisobanurwa n’ingingo ya 50(1) y’iryo teka; (iii) abigejeje ku buzobere bw’shoramari (nk’uko bisobanurwa n’ingingo ya 50A(1) y’iryo teka); (iv) abavugwa mu ngingo ya 49(2) y’iryo teka; (v) abaherwe ku buryo buzwi (nk’uko basobanurwa mu ngingo ya 48(2) y’iryo teka); (vi) imiryango ifite imari nini yazobereye mu ishoramari (nk’uko isobanurwa mu ngingo ya 51 y’iryo teka); na (vii) abanda bose bashobora kwemererwa nk’uko biteganywa n’Igika cya 21 cya FSMA nk’abujuje ibisabwa.

Umuntu wese uhawe imigabane mishya cyangwa uhawe isoko ry’imigabane muri United Kingdom azafatwa nk’aho yakurikije amabwiriza yose akabyumvikanaho nayabyumvikanyeho na Sosiyete igurisha iyo migabane n’abajyanama bayo muri icyo gikorwa kandi ko yabiboneye uburenganzira..

4.16. Imisoro 4.16.1.

Abanyamigabane bashaka kugira uruhare muri iki gikorwa bakwiye gusobanuza abajyanama babo mu by’imisoro kugira ngo bamenye ibyerekeye imisoro muri iki gikorwa. Komite Nyobozi nta nama yashoboye gutanga ku buryo bwimbitse ku byerekeye imisoro ijyanye n’igikorwa cyo kugura no kugurisha imigabane, keretse aho byaba bisobanurwa by’umwihariko muri iyi nyandiko.

4.16.2.

Nta Muyobozi, umukozi cyangwa umujyanama wa BK Group muri iki gikorwa wemerewe kwirengera ingaruka zirebana n’imisoro zavuka muri iki gikorwa..

4.16.3.

Abashoramari bo mu Rwanda no mu bihugu bigize Umuryango w’Ubufatanye bw’Afurika y’Uburasirazuba bazishyura umusoro ku nyungu z’imigabane ku ijanisha rya 5%, naho abanda bishyure 15%.

4.17. Amategeko akoreshwa mu gikorwa Inyandiko n’amasezerano byose bijyanye no gusaba no kwemererwa imigabane mishya igenewe abasanzwe arie abanyamigabane nk’uko bivugwa muri iyi nyandiko bizagengwa kandi byumvwe hakurikijwe amategeko ariho mu Rwanda, ibitumvikanyweho n’impande izo arizo zose bikemurwe by’umwihariko that the parties thereto and all n’inkiko zo mu Rwanda.

4.18. Ikiguzi cyo gushyira imigabane ku isoko Dore uko ikigereranyo cy’ikiguzi cyo gushyira ku isoko imigabane mishya igenewe abasanzwe ari abanyamigabane giteye: Item

FRw (Millions)

Guhemba umujyanama mu gikorwa

526.2

Guhemba Uwafashije mu igurisha ry’imigabane

21.9

Guhemba umujyanama mu by’amategeko

39.5

Guhemba Abagenzuzi

21.9

Guhemba Banki yakiriye amafaranga y’imigabane mishya

21.9

Ibihembo byo kumenyekanisha isoko no kwamamaza

21.9

Umwanditsi Mukuru

15.0

Kubona icyemezo cya CMA

15.0

Gusaba no gushyirwa ku rutonde na RSE

90.0

Komisiyo y’igikorwa cyo kugurisha imigabane mishya (2)

900.0

Ibindi

52.6

IGITERANYO

1,725.9

Imibare yerekanwa ntirimo TVA (aho bisabwa).

(1) Ibiguzi byo kwamamaza , itumanaho n’ibindi ni ikigereranyo bishobora kuzahinduka.

(1) Ibihembo bya komisiyo yo kugurisha imigabane bizashyirwaho n’uyitanga ku ijanisha rya 1.5%. Komisiyo zo gushyira imigabane ku isoko zizishyurwa abakorera ku Isoko ry’Imari babiherewe uburenganzira. Zizabarwa hakurikijwe imiganbane yatanzwe hakurikijwe ibiri ku mafishi yo Gusaba no Kwemererwa ariho imikono y’Abanyamigabane, Abayegutseho, n’abayigura, hariho kashe imwe gusa y’umugurisha w’imigabane wemewe cyangwa uhagarariye Sosiyete mu bucuruzi bw’imigabaner.

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

25

IGIKA CYA 5:

RAPORO Y’ABAGENZUZI B’IBARURAMARI N’UKO BABONA RYAKOZWE

PricewaterhouseCoopers (PWC) nibo bateguye banatanga Raporo y’Ubugenzuzi ba buri mwaka bakoze harimo n’igice cy’umwaka cyarangiye 30 Kamena 2018.

Ibikubiye muri iyo Raporo biri mu nyandiko irambuye itanga amakuru yuzuye. PWC ntibaratanga ibitekerezo byabo muri raporo yabo. Nyuma yo gusuzuma uko ibaruramari ryakozwe, PWC yamaze kwemeza ko ntacyo barabona cyatuma bahinyuza ibigaragazwa n’inyandiko z’ibaruramari za BK Group PLC mu myaka itanu yarangiye ku itariki 31 Ukuboza 2017 n’igice cy’umwaka cyarangiye itariki 30 Kamena 2018 kuko izo nyandiko zishingiye ku mabwiriza mpuzamahaga yerekeye inyandiko z’ibaruramari (International Financial Reporting Standards).

Trust Law Chambers, nk’abajyanama mu by’amategeko, bateguye inyandiko igaragaza uko babona Sosiyete ihagaze mu by’amategeko. Ibikubiye muri iyo nyandiko biri mu nyandiko irambuye itanga amakuru yuzuye. .

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BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

IGIKA CYA 6: IMPUNGENGE N’ INGARUKA MURI IKI GIKORWA 6.1.

Uburyo bwakoreshwa mu guhangana n’inzitizi

Kugira ngo umusaruro urambye ugerweho, hagomba uburyo bwiza bwo guhangana n’imbogamizi zabyara ingaruka. Ni kimwe mu ndangagaciro z’umuco wacu aho buri mukozi ku rwego ariho asabwa gusobanura uburyo akumira inzitizi mu kazi ke. Ubu buryo bwatumye Banki ikemura ibibazo by’ingutu biterwa n’ihindagurika ry’ibihe, n’imiterere y’ubukungu n’imibereho mu karere dutuyemo muri rusange.

Uburyo bukoreshwa na Banki mu gukumira inzitizi bukomoka ku bushishozi bukomeye bw’abagize inama y’ubuyobozi mu kurebera abakozi ku bijyanye n’impungenge, mu nzego zose z’imirimo. Ubwo buryo bwifashishwa na Banki kandi buyorohereza mu gufata ibyemezo bituma ishobora, usibye guhuza impungenge n’inyungu ku buryo bushimishije, ariko na none imbogamizi zikaba arizo ziri mu bitera inyota yo guhangana n’ingaruka z’ibibazo by’ingeri zose no kuzihashya, nk’uko byagiye bigarukwaho n’abayobozi bakuru b’inama y’ubuyobozi mu mabwirizayabo anyuranye.

6.2.

Impungenge rusange

6.2.1.

Impungenge mu rwego rw’ubukungu Umusaruro w’ibikorwa BK Group yagezeho iwukesha ahanini ishusho y’ubukungu bw’igihugu no kudahungabana kwabwo. BK Group kimwe n’ibindi bigo by’imari bikorera mu Rwanda ihanganye n’ingaruka z’ihungabana ry’ubukungu ryugariye igihugu. Itsinda ry’ubuyobozi rya BK Group rimaze gushyiraho ingamba zikaze, amabwiriza n’uburyo bwose bushoboka bigamije kuburizamo ingaruka z’ihungabana ry’ubukungu ziyugarije; nyamara, ibi byose ntibitanga icyizere cy’uko izo ngaruka zitazakoma mu nkokora umusaruru Group yifuza kugaraho.

6.2.2.

Impungenge kuri politiki Haramutse havutse imvururu mu gihugu byaba inzitizi ku mikorere ya banki cyangwa ubucuruzi ubwo aribwo bwose mu Rwanda no mu karere ruherereyemo, no kuri BK Group ku mpamvu z’uko zagira ingaruka zikomeye ku bukungu no ku isaba n’itanga ry’inguzanyo za banki. Cyakora, u Rwanda rwaranzwe n’imiyoborere itarangwamo imvururu, bitewe na demukarasi iri mu gihugu ishyigikiwe n’amahanga akora ku buryo impungenge zishingiye ku mutekano muke zigabanuka.

N’ubwo BK Group ifite uburyo bwinshi, ubugenzuzi n’amabwiriza byashyiriweho kurwanya ingaruka za politiki, nta cyizere cy’uko imvururu za politki izo arizo zose zitagira ingaruka ku bucuruzi bwa Banki.

6.3.

Impungenge zihariye kuri Group

6.3.1.

Impungenge mu mirimo ya banki 6.3.1.1. Impungenge mu rwego rw’inguzanyo Impungenge zirebana no gutanga inguzanyo ni izo kubura ubwishyu bw’ideni kubera ko uwahawe inguzanyo aba yananiwe kwishyura amafaranga agomba banki. Banki kandi iterwa imbogamizi n’andi mabanki hamwe n’ibigo by’imari , ndetse n’izo iterwa n’abakiliya baba baragurijwe amafaranga menshi bafite n’andi madeni yo kwishyura. Ibihombo bikomoka ku nguzanyo banki yagize bigira ingaruka ikomeye ku musaruro, bityo bigahungabanya igiciro cy’imigabane yayo.Banki ibasha guhangana n’ingaruka z’impungenge zijyanye no gutanga inguzanyo ku buryo bukurikira: •

Kumenya neza ko amabwiriza y’inama y’ubuyobozi ku itangwa ry’inguzanyo igena ibisabwa kuri buri bwoko bw’ubucuruzi yasabiwe yubahirizwa, kandi ko iyo habonetse ingorane, ba nyi’ubwite bazemera.

•

Banki yita ku bantu bazwiho ubunyangamugayo, ari nabo ikomeza gukorana nabo ibaha inguzanyo no gukurikirana imikoreshereze yazo, kandi igahabwa icyizere gikwiriye;

•

Banki igena ikigero cy’impungenge zaterwa n’inguzanyo zitanzwe ishyiraho imbibe ntarengwa ku mubare w’amafaranga yemeye gutangaho inguzanyo, hagati y’umuntu cyangwa itsinda ry’abishyize hamwe;

•

Gukora isesengura rihoraho ku bushobozi bw’abasaba inguzanyo bashobora kuzishyura n’inyungu ku nguzanyo, hanyuma igafata ingamba aho bikwiriye.

•

Banki igomba kugenzura neza ko inguzanyo itanga ziri mu bwoko bunyuranye, ititaye ku ngaruka mu gice cy’inguzanyo iki n’iki, cyangwa ku bakiliya baba bazifite, kugira ngo hirindwe ingaruka.

6.3.1.2. Impungenge zaterwa n’agaciro k’ifaranga Banki ikora ubucuruzi mu mafaranga y’amahanga, kubera izo mpamvu ikaba yahura n’imbogamizi zishingiye ku itakaza ry’agaciro k’amafaranga akoreshwa mu bindi bihugu. Ihindagurika ry’agaciro k’ifaranga rigira ingaruka ku mwanya Banki iba igezaho n’ubushobozi bwo gusohora amafaranga. Urugero rwatangwa kugira ngo tugaragaze izo mpungenge, mu kwezi kwa mbere kwa 2015, idolari ry’abanyamerika ryari rihagaze ku mafaranga 690 y’u Rwanda. Mu kwezi kwa mbere kwa 2016, ryavunjaga 757 y’amanyarwanda; naho mu kwezi kwa mbere kwa 2017 rikaba ryari ku mafaranga 812 y’u Rwanda, igabanuka rigera hafi 20% mu gihe cy’imyaka ibiri. Iyo ifaranga ritaye agaciro ku isoko ry’ivunjisha, havuka ingaruka mu rwego rw’imikorere mu by’ubukungu. Inshingano zijyanye no guhangana n’ingaruka ku mafaranga y’amahanga zifitwe n’ikigo ALCO, ari nacyo gikurikirana ibijyanye n’ingaruka z’isoko ry’ivunjisha muri rusange, kikamenya neza kandi ko Banki ikora ikurikije amabwiriza y’inama nkuru y’ubuyobozi.

6.3.1.3. Impungenge ku mafaranga Ingaruka ku mafaranga ubwayo ni iziboneka n’izishobora kugaragara mu gihe kizaza bitewe no kwishyura amadeni, igihe bibayeho, banki iba yarananiwe kwikuraho. Impungenge ku mafaranga ubwayo akenshi zitewe n’ingaruka z’izindi nk’izo ku nguzanyo, iz’isoko n’izindi, hakiyongeraho ibibazo byo kubura amafaranga ahagije yo gukoresha bifite ingaruka zikomeye kuri Banki muri rusange. BK igerageza gukemura ikibazo cy’impungenge z’amafaranga ubwayo yifashishije ingamba zikurikira: •

Kumenya niba umutungo ifite uhagije kugira ngo inguzanyo zishobore gutangwa;

•

BK yashyize ingufu mu mugambi ugamije kongera ubwizigame bw’ibanze bw’abakiliya; BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

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IGIKA CYA 6 (Birakomeza) •

Iyo bibaye ngombwa, Banki ifata inguzanyo zitangwa n’amabanki hagati yayo, ndetse no ku mafaranga ahabwa abageze mu za bukuru no mu masosiyete y’ubwishingizi ku ideni ry’igihe gito;

ku mitungo itimukanwa, Ubwishingizi bwa BK bugenda bwongera ibahasha yabwo bigakorwa hakurikije amabwiriza y’inama y’ubuyobozi yabwo kandi bigashyirwaho umukono n’abagize inama nkru y’ubuyobozi ya BK Group.

•

Gushora imari mu bikorwa bimara igihe gito, bishobora gushyirwa ku isoko bibaye ngombwa;

•

Kugenzura neza ko ibishoro by’igihe kirekire nk’ibyashyizwe mu mutungo n’ibikoresho bihuje n’ingengo y’imari uko yemejwe n’inama y’ubuyobozi kandi mu gihe gusa Banki ifite inzira nyinshi zo kubona no gukoresha amafaranga.

6.3.2.3. Impungenge ziri mu kwiyandikisha Impungenge zo kwiyandikisha bivuga ugushidikanya amasezerano agitangira ku mubare w’amafaranga agenewe ibihembo,n’ ay’ibyago. Mu bitera impungenge mu kwiyandikisha mu bwishingizi harimo kugongana hagati y’impande zinyuranye biganisha ku manyanga no kumanura ibiciro bikozwe n’abiyandikisha baba bagamije kubigira ubucuruzi.

6.3.1.4. Impungenge zaterwa n’inyungu zinyuranye Interest Rate Risk Banki ihura n’ingorane ziterwa n’uko agaciro k’ikintu cyose cyishyurwa amafaranga kahinduka ku mpamvu z’izamuka ry’’ibiciro ku masoko, kandi amafaranga akaba atangwa ku giciro gihinduka n’ikidahinduka.

Byongeye, kugira ngo hakomeze kubaho ihuriro ry’igiciro gihinduka n’ikidahinduka ku bwizigame bw’ibanze, inyungu ku nguzanyo zihabwa abakiliya n’izindi mpungenge ku mutungo akubiye mu giciro cy’inguzanyo cyangwa mu mafaranga y’ububiko. Igiciro cy’ibanze gihora gisubizwamo kugira ngo kibe kibereye inyungu y’ubwizigame. Ibikorwa bijyanye kuziba icyuho bihora bikorerwa isuzuma bigereranijwe n’igiciro cyo hagati ndetse n’inyota yavuzwe ku byerekeye guhangana n’ingaruka.

Ingamba nyazo zo kuziba icyuho zirakoreshwa, hagaragazwa incamake nyuma yo gusesengura ibyinjiye n’ibyasohotse cyangwa guhagarara ku giciro fatizo cy’ibisohoka. Mu gihe inyungu zakwa ku bakiliya b’ubwizigame zumvikanwaho, Banki igira umwihariko wo gushyira ku murongo agaciro k’inyungu hakurikijwe impinduka zigaragara ku masoko. Ibiciro by’inyungu, kubera izo mpamvu, zihinduka hakurikije uko ku isoko bimeze. Ikindi, banki ishora ku giciro cyagennwe na Leta . Ifite uruhare runini mu rwego rushora imari hagamijwe uburyo bwo kugwiza umutungo, gucuruza no gushyigira abashoramari.

Iyo inyungu zizamutse, agaciro k’imitungo karagabanuka ikajya mu gihombo. Kubera ko uburyo bwashyizweho biterwa n’isoko, habaho ibihombo. Byongeye, izamuka ry’inyungu rivuga ko ikiguzi cy’amafaranga nacyo kizazamuka kikaganisha ku igabanuka ry’ibiciro by’inyungu.

6.3.2.

Impungenge zijyanye n’ubwishingizi 6.3.2.1. Impungenge z’ubwishingizi Impungenge ku masezerano y’ubwishingizi ziboneka igihe icyashyiriwe mu bwishingizi kibayeho n’ ugushidikanya ku mubare w’amafaranga azasabwa.

Kubera imiterere nyayo y’amasezerano y’ubwishingizi, ibibazo nk’ibi biza igihe bishakiye kandi ntibiteguza.

Ku mpamvu z’uko amafaranga atangwa mu bikorwa bijyanye n’amasezerano y’ubwishingizi aho bishingira ku gukekeranya haba mu biciro no kugena amafaranga, impungenge ikomeye BK ihura nayo mu masezerano yagiranye n’abantu ni uko amafaranga asbwa kyishyurwa arenze kure amafaranga yateganyirijwe ubwishingizi. Ibi biterwa n’uko ubwinshi bw’ibibazo cyangwa uburemere bwabyo n’inyungu zivamo birenze uko byateganyijwe.

Impanuka zishingiwe ziza igihe zishakiye kandi umubare w’amafranga n’inyungu mu bwishingizi bihinduka umwaka ku mwaka bivuye ku kigero cyagennwe hifashishijwe imibare. Mu rwego rw’ubwishingizi, uko amafaranga atangwa mu bikorwa by’ubwishingizi ku masezerano nk’ayo agenda aba menshi, niko amahirwe ku musaruro witezwe agabanuka.

Byongeye, nta mafaranga y’inyongera ashobora kutangwa kubera ihinduka ry’agashami k’ibikorwa biteganijwe mu ngengo y’imari. Ubwishingizi bwa BK ryateguye ingamba zo gusaba ubwishingizi kugira ngo habeho ubwoko bwinshi bw’ubwishingizi ku mpanuka zemewe, kandi muri buri cyiciro hagamijwe kugera ku mubare uhagije w’abaturage batuma umusaruro witezwe utaganuka.

6.3.2.2. Igiciro ku mpanuka Ubwishingizi bwa BK Insurance butewe impungenge z’igiciro gihabwa imitungo itimukanwa kubera ibikorwa by’ishoramari biba biri mu migabane isumbanye mu manota, ku gaciro gashimishije hagendewe ku nyungu cyangwa ku gihombo, cyangwa ku bindi bikorwa bibyara inyungu.Ubwishingizi bwa BK ntibutewe impungenge n’izamuka ry’ibiciro by’ibiribwa ku masoko. Kugira ngo ikemure impungenge ku biciro mu rwego rw’ishoramari mu bijyanye n’umutungo ndetse n’amadeni ashiniye

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BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

Ubwishingizi bwa BK bushyiraho amategeko n’amabwiriza hagamijwe igenzura rikwiye ry’abashobora kuba abakiliya no kuyobora igikorwa cyo kugena amashimwe . Bushyiraho kandi imirongo ngenderwaho izakoreswa mu giha cyo gushyiraho abashinzwe gutanga ubwishingizi bwa kabiri n’inzego z’ubwishingizi nk’ubwo bugakoreshwa mu ngeri zitandukanye z’ubucuruzi.

6.3.3.

Impungenge zijyanye n’ubucuruzi rusange 6.3.3.1. Impungenge z’ibikorwa Impungenge z’ibikorwa zikomoka ku mikorere idahwitse cyangwa yazambye, abantu cyangwa imiyoborere cyangwa Ibiza ku muntu bitamuturutseho.

Group iraharanira ko ikibazo cy’imikorere mibi cyakemuka kinyamwuga, ikamenya kandi ikizera ko ibikorwa yateganije bigenda neza. Ikomeye ku mugambi nyawo wo guhangane n’ibibbazo; uwo mugambi ukaba ugomba guhora usubirwamo n’abashinzwe igenzura b’imbere mu kigo ku buryo bwigenga, kugira ngo haboneke ibitekerezo byigenga ku musaruro uyu mugambi uzaba wagezeho. Nyuma, ibizaba ibivuye mu igenzura ry’imbere mu kigo rikozwe n’agashami kabishinzwe bisubirwamo n’inama ya Komite y’igenzura noneho hagatangwa imyanzuro hakurikijwe ibyakozwe n’ako gashami.

6.3.3.2. Impungenge mu rwego rw’ikoranabuhanga Ibikorwa bya Group bishingiye ahanini ku ikoranabuhanga ryayo. Niyo mpamvu rikwiye gukora neza kandi ridahagarara. Ihagarara ry’umwanya muto cyangwa munini kw’ikoranabuhanga, nko mu gihe barivugurura cyangwa bahanagura imashini bisanzwe bya buri munsi , ryatuma ibyemezo mu bucuruzi bukomeye bidindira cyangwa se ibigamijwe kugerwaho bigatakara. Ihagarara nk’iryo ryahita rigira ingaruka ku musaruro wa banki muri buri shami; bityo, rikagira ingaruka ku giciro cy’umugabane wa Group mu kigo cy’igura n’igurisha ry’imitungo itimukanwa. BK ikora uko ishoboye ngo ikoranabuhanga ryayo rihore rikora kandi rizakomez gushora mu ikoranabuhanga rigezweho hagamijwe kongera icyizere, ubushobozi n’uburambe bw’abakiliya.

6.3.3.3. Impungenge ku bijyanye n’amakimbirane Akenshi,hari igihe amwe mu mashami ashobora kwibona mu makimbirane, kohererezwa impapuro zishyuza n’abashinzwe imisoro n’amahooro cyangwa se ibibazo bikomotse mu mikorere y’ubucuruzi byayo. Haramutse kabayeho ikurikiranwa cyangwa ibindi bibazo biganisha ku manza, byateza ingaruka mbi ku bucuruzi bwa Group muri rusanga, ku musaruro, ku mirimo inyuranye, ku isura no mutungo bya Group. BK Group ikora yubahiriza amategeko ari yo mpamvu iyo havutse ibibazo by’amakimbirane mu mikorere yayo, ibyo bibazo bikemuka uko bukwiye kandi ku buryonta yindi ngaruka bigira ku bucuruzi bwayo. Iyi banki, kubera uburambe bwayo nk’ishami no gucunga umutungo uko bikwiye, yahawe ibihembo byinshi mu myaka 10 ishize n’Ikigo gishinzwe imisoro n’amahooro mu Rwanda.

6.3.3.4. Impungenge zishingiye mu kuzuza ibisabwa no ku mategeko Impungenge zishingiye mu kuzuza ibisabwa no ku mategeko bivuga ubwoba bwaterwa no kwirengera ingaruka zo kudakurikiza amategeko mu nzego nyinshi za Group amashami akoreramo. BK ikora ubucuruzi bwayo yishingikirije amategeko n’amabwiriza yashyizweho n’abanyamategeko b’inzego z’ibanze n’izisumbuye. Buri tegeko na buri mabwiriza asaba amabanki kugira ibyo akurikiza, yirinda, agatanga n’imirongo migari igamije gukorera mu mucyo hagati ya banki n’abakiliya bayo. Mu gihe buri banki yifuza buri gihe gukurikiza amategeko n’amabwiriza, imwe muri zo ishobora kwisanga itayubahirije bigatuma itakaza uruhushya yahawe. Iteka BK ikora ibishoboka byose ngo ikore ubucuruzi bwayo ikurikije amabwiriza; bityo ikagabanya ibyatuma itakaza impushya yahawe.

6.3.3.5. Impungenge z’irushanwa ku isoko Kongera ibikorwa by’irushanwa n’andi mabanki bivuga ko Group yaba

IGIKA CYA 6 (Birakomeza) idashoboye kuzuza inshingano zayo ari zo gushyira mu bikorwa ingamba yihaye zo kongera umusaruro. Amabanki menshi akora ibikorwa nk’iya BK Group n’amashami ya za banki zo muri aka karere, akaba atuma haba irushanwa rikomeye mu ruhando rw’amabanki mu Rwanda. Igabanuka ry’isoko ry’imigabane ya BK Group iryo ariryo ryose ryagira ingaruka ku musaruro no ku giciro cy’imigabane yayo. BK Group izaharanira buri gihe kuba ku isonga mu bikorwa byayo byose , ni ukuvuga kubika no no kubikuza, ubwishingizi, isoko ry’imigabane, n’ibindi mu Rwanda hifashishijwe ikoranabuhanga kugira ngo yongere ubushobozi kandi igeze serivisi zayo hose kandi zikurura abakiliya.

6.3.3.6. Impungenge zishingiye ku isura nziza/mbi Impungenge zishingiye ku isura nziza/mbi ni igihe umufatanyabikorwa wifuza gukorana na banki agize isura mbi ya banki, byaba by’ukuri bitaba ko, ashingiye ku bitagenda mu mikorere. Iyo sura abonye yatuma agaciro ka banki kagabanuka , izina ryayo rigatakaza agaciro, amafaranga cyangwa ubwizigame bw’abakiliya bikagabanuka. Aha niho ingaruka zose zashyizwe mu nyandikomenyekanisha zishingiye, bivuga ko idakwiye kurebwa yonyine. Niyo mpamvu, iyo ibindi bibazo bikemutse neza, iki kibazo kigira ingufu nke. Isura ya BK ni ubucuruzi ntagereranywa buhagije kugira ngo agaciro k’umunyamigabane kazamuke. Serivisi n’ibikorwa bya Group, habariwemo n’inshyashya, ziyihesha isura nziza ihoraho kandi ikeye. Inshingano zisigaye kuri izi mpungenge ziri mu maboko y’abayobozi b’inama y’ubuyobozi hamwe n’ubuyobozi bukuru bwa Banki, aribo basuzuma impungenge zishingiye ku isura ya Banki muri rusange, mu rwego rw’imirimo bashinzwe ya buri gihe. Bungirijwe muri iyi mirimo n’ihami rishinzwe ibikorwa rusange bya Banki. Bashinzwe kureba niba ibicuruzwa byose , za serivisi, n’ibikorwa bihesha Group isura nziza igamije, hakurikije inyota yo gukora no guhangana n’ingaruka yemewe n’Inama y’ubuyobozi. Ibyo aribyo byose, buri mukozi n’uhagarariye Group afite inshingano ikomeye yo guharanira kugeza Banki ku isura yacu nziza . Buri mukozi n’uhagarariye Group afite uruhare rukomeye rwo kuganisha Group ku isura nziza. Ibi bizaterwa n’uko imico n’imyifatire isabwa yagiye yitabwaho buri gihe, imishyikirano n’abafatanyabikorwa ikaba ari nta makemwa, kandi amategeko n’amabwiriza akaba akurikizwa. Impungenge zishingiye ku isura nziza/mbi ziindw kurushaho yo buri wese akora iteka agamije gusigasira no guteza imbere isura ya BK .

6.3.3.7. Impungenge zishingiye mu kugena agaciro k’inguzanyo Ibigo bigena agaciro ku nguzanyo bishyira Group ku kigero cyo gusuzuma ubushobozi bwayo bwo kuzuza inshingano isabwa nka Banki. Muri iki gihe, Banki yashyizwe mu bigo by’imari bitanga inguzanyo, iki kikaba ari ingenzi mu byagendeweho kugira ngo hashyirweho igiciro cy’ibikorwa bya banki.

Inyungu zishyurwa na banki ku nkunga ibona igirwaho ingaruka n’urweo rw’inguzanyo itanga. Kugena agaciro ku nguzanyo ihora isubirwamo n’ikigo kibifitiye ububasha. Mu gihe agaciro kagabanutse , ibi byatuma habaho izamuka ry’agaciro k’inkunga igenerwa banki costs, bikaba bigira ingaruka ku mwanya Group iriho, ku byo yagezeho no ku byo iteganya kugeraho. Mu myaka itatu ishize, Banki yashyizwe ku rwego rwa AA-(RW), uru rukaba ari urugero rwiza rw’ umurongo uhamye rubonnwa n’ikigo cyo muri Afurika y’Epfo kishinzwe igenegaciro ku nguzanyo. Ratings.

Kugira ngo hirindwe ingaruka zishingiye ku isubira inyuma, Banki na Group muri rusange, biharanire ireme rya za serivisi, ikagira amafaranga ahagije kugira ngo ishobore gushyira ku munzani ibyinjira n’ibisohoka no kubyaza ibikorwa umusaruro mwinshi ushoboka

6.4.

Impungenge zijyanye n’agaciro ku mugabane

6.4.1.

Ihindagurika ry’ibiciro Ibiciro byimigabane ya Group ku masoko bishora guhinduka ku buryo bukomeye bitewe n’impinduka zaturuka ku musaruro wayo cyangwa yatekerezaga kugeraho, cyangwa impinduka mu bucuruzi, ihinduka ry’amategeko mu Rwanda, cyangwa se kuba ibyo abashoramari babigize umwuga bateganyaga kugeraho byarahindutse. By’umwihariko, amasoko y’imitungo itimukanwa igezweho, nk’u Rwanda, ashobora kugabanuka, kandi bikaba biterwa, ugereranije, n’uburyo ububiko bw’amasoko buteye muri iki gihe mu bindi bihugu, bidaturanye n’u Rwanda. N’ubwo imibereho mu bukungu itandukanye muri buri gihugu, uko abashoramari bitwara mu iterambere ry’igihugu byangira ingaruka ku migabane mu bindi bihugu, harimo n’u Rwanda. Bityo, isoko ry’imigabane rishobora guhinduka ku buryo bugaragara, bidatewe cyane n’umusaruro wa Banki. Buri mushoramari akeneye gusuzuma isoko kugira ngo ashobore gucuruza imigabane ye hakirikare.

6.4.2.

Impungenge z’inyungu ku gishoro Banki ifite gahunda isobanutse ku nyungu zitangwa ku migabane, igihe cyose umusaruro wa Banki wagenze neza. The Bank has a clear policy of paying dividends whenever the financial performance of the Bank has been good. Kwishyura inyungu ku migabane bizaterwa n’uko Banki yashoboye kwagura ubucuruzi bwayo ndetse ikaba yaragiye ikurikiza amategeko ajyanya n’umutungo. Niyo mpamvu , buri gihe hari uburyo , bitewe n’ibihe byiza banki irimo ndetse n’umusaruro mwiza wayo, Inama y’ubuyobozi ishobora gutanga inama yo kutishyura inyungu ku bishoro.

6.4.3.

Impungenge zishingiye ku iyoyoka ry’imigabane Hifashijwe itangwa ry’uburenganzira ku migabane, Banki irashakisha uburyo bwo kongera umutungo w’abanyamigabane, n’iyabashya bishobotse.Abo banyamigabane bahitamo kudakoresha imigabane yabo, bafite ibyago ko imigabane yabo yagabanuka. Nyuma, Banki ishobora kubasaba kongera, batangaa indi migabane. Ibi byakorwa hifashishijwe itanga ry’imigabane ritameze nk’irya mbere, cyangwa habayeho gutumira no kwifashisha umushoramari ukomeye. Ibikorwa bya Sosiyete nk’ibyo bishobora kuganiisha ku iyoyoka ry’imigabaneisanzwe y’abanyamigabane mu gihe batagize uruhare mu gutanga amafaranga. Kugira ngo hagabanywe amahirwe make y’iyoyoka ry’imigabane y’abanyamigabane ba Banki, Banki izakomeza ishyaka ryo kongera umutungo buryo igenera abanyamigabane basanzwe amahirwe yo guhagarara ku mugabane wabo. Ariko, Banki nta cyizere iha aba banyamigabane, ko itazayoyoka mu gihe Banki idashoboye kubona amafaranga mu gihe cyifuzwa.

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

29

IGIKA CYA 7: ABEMEREWE KUGURISHA IMIGABANE ABEMEREWE KUGURISHA IMIGABANE MU RWANDA Abanyamuryango ba Rwanda Stock Exchange n’abafite ibyemezo bya Securities Central Depository BK Capital Ltd Plot 6112, Avenue de la Paix P.O. Box 175, Kigali Tel : +250 252 575 504 /+250 252 573 461 Mob: +250 788 143 000 Email: bksecurities@bk.rw

Faida Securities Rwanda Centenary House,4th Floor P.O Box 124, Kigali Tel : +250 784 333 734 Mob: +250 782 859 330

Uwo wabaza: Mrs. Carine Umutoni, CEO

Uwo wabaza: Mr. Stephen Njoroge, Operations Manager

Uwo wabaza: Ms. Aurore Mimosa, CEO

CDH Capital Rwanda 9th Floor, Ecobank Building P.O. Box 6237, Kigali Mob: +250 788 301 007 Email: shehzadnoordally@cdhcapitalltd.org

Baraka Capital Limited 4th Floor, Building 2000 P.O. Box 7180, Kigali Tel : + 250 255 120 337/ +250 788 381 130 Email: dgathaara@barakacapital.com

MBEA Brokerage Services Ltd P.O. Box 3492, Kigali Tel : +256 788 803 370 Email : a-owiny@mbea.net

Uwo wabaza: Mr. Shehzad Noordally, General Manager

Uwo wabaza: Mr Davis Gathaara, Managing Director

SBG Securities Ltd Kigali City Tower,1st Floor, Avenue du commerce P.O. Box 968 Kigali Tel : + 250 784 108841/+250 788696640

Core Securities Ltd P.O. Box 4062, Kigali Mob: + 250 788 465 282 Email: fumbuka@coresecurities.coz.tz

Uwo wabaza: Mr. Jean Aime Habimana,

30

Email: stephen.njoroge@fib.co.ke

Uwo wabaza: Mr. George Fumbuka, CEO

BK GROUP PLC RIGHTS ISSUE INFORMATION MEMORANDUM

African Alliance Rwanda Securities Kigali City Tower (KCT),1st Floor, Avenue du Commerce P.O. Box : 7179, Kigali Mob : +250 788 305 557 Email : securitiesrw@africanalliance.com

Uwo wabaza: Mr. Andrew Owiny, Director

IGIKA CYA 8: IMIGEREKA 1.7.

8.1 PAL Ibaruwa itanga imigabane by’agateganyo (Provisional allotment letter) PROVISIONAL ALLOTMENT LETTER (PAL)

P.T.O

USE BLOCK LETTERS TO COMPLETE THE FORM

PAL No:

THE PAL IS OF VALUE, NEGOTIABLE AND IS ISSUED PURSUANT TO AN INFORMATION MEMORANDUM DATED [•] PLEASE CONSULT YOUR ADVISOR. READ NOTES ON THE REVERSE OF THIS PAL. RIGHTS ISSUE OPENS AT 9.00 A.M. ON MONDAY, 29 OCOTBER 2018 AND CLOSES AT 4.00 P.M.ON FRIDAY, 9 NOVEMBER 2018.

• Use BLOCK letters to complete the form • A copy of the Information Memorandum or Abridged Information Memorandum to which this PAL is attached has been lodged with the Registrar of Companies.

• A copy of the information Memorandum or Abridged Information Memorandum may be obtained from the Sales Agents named below or www.kengen.co.ke.

• Persons into whose possession this PAL may come are required to observe the restrictions contained in the Information Memorandum or Abridged Information Memorandum.

• Terms defined in the Information Memorandum shall bear the same meaning herein unless otherwise indicated.

• For advice on the Rights Issue and completion of this form an Eligible Shareholder should consult their preferred professional advisor.

• A PAL shall be rejected as per the policy set out in the Information Memorandum or Abridged Information Memorandum.

• All alterations on the PAL, other than the deletion of alternatives, must be authenticated by the full signature of the Eligible Shareholder.

• Presentation of cheques for payment or receipt of funds transferred shall not amount to the acceptance of any application.

• A completed PAL must be physically returned to a Sales Agent. Once made, it is irrevocable and may not be withdrawn.

• The PAL and Application Money should be received by the Sales Agent or the Receiving Bank by 4.00 p.m. on Friday, 9 November 2018 (Closure Date) and neither BK, nor any of the advisors nor any of the Sales Agents shall be under any liability whatsoever should a PAL not be received by this date.

• This PAL and the accompanying Information Memorandum or Abridged Information Memorandum shall be governed by and construed in accordance with the Laws of Rwanda.

BOX 1

Eligible Shareholders Name and Address

Existing Shares as of Record Date

BOX 2

New Shares provisionally allotted to you

BOX 3

Amount payable (Frw) in full

Eligible Shareholders who wish to appoint an attorney to deal with the Rights Issue may do so via Form A(Form of Appointment of Attorney) available from a Sales Agent or downloaded from www.bk.rw

ATTORNEY

FULL ACCEPTANCE. I/We hereby accept in full, subject to the terms of the Information Memorandum, this PAL and the Memorandum and Articles of Association of BK Group PLC, the number of New Shares above in Box 2 for the value in Box 3 above

BOX 4 Number of total New Shares (Box 2 )

TOTAL SHARES. Having accepted all the New Shares in Part 1A above, I/we hereby apply for the total New Shares in Box 6 for the value in Box 7 herein

PARTIAL ACCEPTANCE. IF PART 1 ABOVE IS NOT ACCEPTED. BOX 6 I/We hereby accept in part, subject to the terms of the Information Number of New Shares accepted in part Memorandum, this PAL and the Memorandum and Articles of Association of BK Group PLC the number of New Shares specified in

Box 6 for the value set out in Box 7herein.

3.1 Direct Amount Frw. Chq/Transfer Ref No./ Payment Deposit Ref No.

Tick (√) 3.5 FINANCIER DETAILS

3.3

Agents Payment

3.4

Irrevocable: Bank Guarantee or Letter of Under taking for New Shares

Frw.

Bank Name & Branch

SIGNATURE of ELIGIBLE SHAREHOLDER or AUTHORISED ATTORNEY

Institution & Branch Bank Name

a. b.

e. f.

All payments are to be made in Rwanda Francs.

Section 4.10 in the Information Memorandum and Section 4.10 in the Abridged Information Memorandum provides details on Modes of Payment.

Please read carefully the instructions.

Complete Section 3.1 with the Funds Transfer Number or Banker’s Cheque Number and name of remitting/paying bank If payment for New Shares is via Irrevocable Bank Guarantee or Irrevocable Letter of Undertaking, tick the box provided and attach the IBG/ILU to this PAL. If a Financier is involved, complete section labeled ‘Financier Details’ by providing the Loan Reference and the name of the Institution and Branch.

All Application Money must be made in cleared funds on or before 4:00 pm on Friday,9 November 2018 (Closure Date).

a. b. c.

A bank account is mandatory for eligible investors.

Please refer to Section 4.14 in the Information Memorandum and Section 4.14 in the Abridged Information Memorandum for details on Refunds Please provide clearly the relevant details in the boxes provided.

Date: ...........................................

PAL No

Space has been provided to insert this information so that contact can be established in case of need.

SALES AGENTS: BK Capital,Faida Securities, Africa Alliance Rwanda Securities, CDH Capital,Baraka Capital, MBEA Brokerage Services,Core Securities, SBG Securities

Eligible Shareholder

Tear off

Tear off

Tear off

BK GROUP PLC – RIGHTS ISSUE 2018-PAL RECEIPT

PART 3 PAYMENT

PART 6 EMAIL &/or MOBILE No

Tear off

1.8.

Complete this part if you wish to accept a portion of the New Shares to which you are entitled. You must not have completed PART 1.

Enter number of New Shares you would like to accept into Box 6. This number must be less than the number in Box 4.

Enter the amount due for the New Shares in Box 7 by multiplying the number in Box 6 with Frw 270.00 per New Share.

PART 2 PARTIAL ACCEPTANCE

The PAL must be signed to ensure acceptance. For companies/institutions/organisations, signatures can be affixed as per the authorized mandate.

Sign as necessary Provide Email & Mobile No.:

a. b. c.

PART 5 SIGNATURE

Branch Code

FULL. Tick PART 1A if accepting in full all New Shares as in Box 2 .

TOTAL. Complete total number of New Shares applied for in Box 6 in PART 1B, i.e. Box 6 = Box 2 Complete the total value of New Shares applied for in Box 7, PART 1B. i.e. Box 7= Box 3 Acceptance and Allocation is subject to terms and conditions in the Information Memorandum or the Abridged Information Memorandum.

c. d.

Account Number (full Account No

Country & Swift if not Kenya

PART 1 ACCEPTANCE IN FULL, TOTAL SHARES a. b. i. ii. c.

PART 4 REFUND

REFUND

BOX 7 Amount payable (Frw) (multiply figure in Box 6 by Frw 270.00)

CSD Form 5 Serial No

Account Name (as per Statement)

BOX 5 Amount payable (Frw) (multiply figure in box 4 by Frw 270.00)

NOTES (PAL)

GENERAL INSTRUCTIONS:

CSD A/C

Sales Agent Stamp

If you wish to take action, please note the following:

PAL RECEIPT. Eligible Shareholder must ensure that this tear off is Stamped by the Sales Agent and returned to them for their safe custody together with the proof of payment.

The last date and time for acceptance and payment of the New Shares is on or before 4:00 p.m. on Friday, 9 November 2018. If no action is taken on the Rights, they will lapse and be subject to Section 4.8 (Untaken Rights) in the Information Memorandum and Section 4.8 in the Abridged Information Memorandum

Sales Agent

8.2 Ifishi yuzuzwa nu’wegukana migabane yemerewe (Form of Renunciation) FORM OF RENOUNCIATION(FORM R) USE BLOCK LETTERS COMPLETE THE FORM

1.9.

TO

Form of Entitlement

1.10.

THE FORM IS OF VALUE, NEGOTIABLE AND IS ISSUED PURSUANT TO AN INFORMATION MEMORANDUM DATED 16 OCTOBER 2018 PLEASE CONSULT YOUR ADVISOR. READ NOTES ON THE REVERSE OF THIS PAL. RIGHTS ISSUE OPENS AT 9.00 A.M. ON MONDAY, 29 OCOTBER 2018 AND CLOSES AT 4.00 P.M.ON FRIDAY, 9 NOVEMBER 2018.

Power of Attorney

If you wish to take action, please note the following:

CSD A/C

Sales Agent Stamp

Eligible shareholder for NIL consideration, I/We, the eligible shareholder hereby accept,subject to the terms of the Information Memorandum,my/our PAL , the Memorandum & Articles of Association of BK Group PLC and requisite approvals from the regulator/s in good time, to renounce my/our Rights as per my/our PAL in favour of person(s) named below in this Form R relating to such New Shares.Accordingly,I/We have signed below.

BOX 1 Eligible Shareholder Name BOX 2 PAL NUMBER BOX 3 Shareholder Member No BOX 4 Number of New Shares provisionally renounced to the Renouncee(less than or equal to the number of New Shares provisionally allotted to the Eligible Shareholder in the original PAL) ENTITELEMENT BOX 5 Amount payable (Frw) multiply by the figure in Box 4 by Frw 270.00

a. Tick PART 1A if accepting in full all New Shares as in Box 4.1 b. Complete total number of New Shares applied for in Box 6 in PART 1b, i.e. Box 6 = Box 4 c. Complete the total value of New Shares applied for in Box 7, PART 1b. i.e. Box 7= Box 5 d. Allocation and Allotment is subject to the terms in the Information Memorandum and Abridged Information Memorandum.

Date: CSD

PART 2 PAYMENT

Relationship to Eligible Shareholder

Renouncee

A/C

Name

ID/Passport No

a.All payments are to be made in Rwanda Francs b. Section 4.10 in the Information Memorandum and Section 4.10 in the Abridged Information Memorandum provides details on Modes of Payment.

Please read carefully the instructions. c. Complete Section 2.1 with the Funds Transfer Number or Banker’s Cheque Number and name of remitting/paying bank d. If payment is via Irrevocable Bank Guarantee or Irrevocable Letter of Undertaking, tick the box provided and attach the IBG/ILU to this PAL. e. If a Financier is involved, complete section labeled ‘Financier Details’ by providing the Loan Reference and the name of the Institution and Branch f. All Application Money must be made in cleared funds on before 4.00 p.m on Friday,9 November 2018.

Postal Address including post code & Email/Mobile No PART 1A

PART 1B

PART 2

2.1 Tick (√)

2.2

Frw.

Direct Amount Payment

Agents Payment

Frw.

PART 3

REFUND

BOX 6 Number of total New Shares (Box 4)

2.3

BOX 7 Amount payable (multiply value in Box 6 by Frw 270.00) Bank Name & Branch

Chq/Transfer Ref No./ Deposit Ref No.

PART 3 REFUND

FULL ACCEPTANCE. I/We hereby accept in full, subject to the terms of the Information Memorandum, this PAL and the Memorandum and Articles of Association of BK Group PLC, the number of New Shares above in Box 4, for the value in Box 5 above TOTAL SHARES. Having accepted all the New Shares in Part 1A above I/we hereby apply for the total New Shares in Box 6 for the value in Box 7 herein

ENDORSEMENTS BY SALES AGENT & REGULATOR Renunciation by Private Transfer requires certain documentation to support this action by Eligible Shareholders. This section provides for the Sales Agent to confirm that the documentation is attached including the PAL.

Institution & Branch

Renunciation by Private Transfer requires private transfers to be approved by regulators. This section provides for the regulator to approve the transfer (if applicable).

Bank Name

SALES AGENTS: BK Capital,Faida Securities,Africa Alliance Rwanda Securities,CDH Capital,Baraka Capital,MBEA Brokearge Services,Core Securities, SBG Securities

Branch Code

Account Number (full Account No

Country & Swift if not Rwanda

ENDORSENENT by SALES AGENTfor RENUNCIATION(where applicable)

Name,Signature & Stamp

Tear off

SIGNATURE OF RENOUNCEE

CDS Form 5 Serial No

Account name(as per statement)

SIGNATURE OF RENOUNCEE & DATE

a. A bank account is mandatory for eligible investors.. b. Please refer to Section 4.14 in the Information Memorandum and Section 4.14 in the Abridged Information Memorandum for details on Refunds. c. Please provide clearly the relevant details in the boxes provided.

The Form R must be signed to ensure acceptance

FINANCIER DETAILS

Date:

APPROVAL by REGULATOR for RENUNCIATION(where applicable) Name, Signature & Stamp Tear off

Tear off

Tear off

FORM R RECEIPT. Eligible Shareholder must ensure that this tear off is Stamped by the Sales Agent and returned to them for their safe custody together with the proof of payment.

FORM R RECEIPT-BK GROUP PLC RIGHTS ISSUE 2018

Eligible Shareholder

• Use BLOCK letters to complete the form • The Form R must be accompanied by a PAL.A copy of the Information Memorandum or Abridged Information Memorandum to which this PAL is attached has been lodged with the Registrar of Companies.A copy of the information Memorandum or Abridged Information Memorandum may be obtained from the Sales Agents named below or www.bk.rw • Persons into whose possession this Form R may come are required to observe the restrictions contained in the Information Memorandum or Abridged Information Memorandum.

• Terms defined in the Information Memorandum shall bear the same meaning herein unless otherwise indicated.

• For advice on the Rights Issue and completion of this form an Eligible Shareholder should consult their preferred professional advisor.

• A Form R shall be rejected as per the policy set out in the Information Memorandum or Abridged Information Memorandum.

• All alterations on the Form R other than the deletion of alternatives, must be authenticated by the full signature of the Eligible Shareholder.

• Presentation of cheques for payment or receipt of funds transferred shall not amount to the acceptance of any application.

• A completed Form R must be physically returned to a Sales Agent. Once made, it is irrevocable and may not be withdrawn.

• The Form R and Application Money should be received by the Sales Agent or the Receiving Bank by 4.00 p.m. on Friday, 9 November 2018 (Closure Date) and neither BK, nor any of the advisors nor any of the Sales Agents shall be under any liability whatsoever should a Form R not be received by this date.

• This Form R and the accompanying Information Memorandum or Abridged Information Memorandum shall be governed by and construed in accordance with the Laws of Rwanda.

PART 1 ACCEPTANCE IN FULL, TOTAL SHARES

SIGNATURE OF ELIGIBLE SHAREHOLDER OR AUTHORISED ATTORNEY

Sign as necessary

NOTES (FORM R)

GENERAL INSTRUCTIONS:

Form R No

Eligible Shareholder

Sales Agent P.T.O

The last date and time for acceptance and payment of the New Shares is on or before 4:00 p.m. on Friday, 9 November 2018. If no action is taken on the Rights, they will lapse and be subject to Section 4.8 (Untaken Rights) in the Information Memorandum and Section 4.8 in the Abridged Information Memorandum

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

31

IGIKA CYA 8 (Birakomeza) 1.1.

Form of Renunciation

1.2.

8.3 Ifishi of Entitlement

FORM OF ENTITLEMENT(FORM E) USE BLOCK LETTERS COMPLETE THE FORM

1.3.

PowerTHEofFORM Attorney IS OF VALUE,

NEGOTIABLE AND IS ISSUED PURSUANT TO AN INFORMATION MEMORANDUM DATED 16 OCTOBER 2018 PLEASE CONSULT YOUR ADVISOR. READ NOTES ON THE REVERSE OF THIS PAL. RIGHTS ISSUE OPENS AT 9.00 A.M. ON MONDAY, 29 OCOTBER 2018 AND CLOSES AT 4.00 P.M.ON FRIDAY, 9 NOVEMBER 2018.

If you wish to take action, please note the following:

GENERAL INSTRUCTIONS:

• Use BLOCK letters to complete the form • The Form E must be accompanied by a PAL.A copy of the Information Memorandum or Abridged Information Memorandum to which this PAL is attached has been lodged with the Registrar of Companies.A copy of the information Memorandum or Abridged Information Memorandum may be obtained from the Sales Agents named below or www.bk.rw • Persons into whose possession this Form E may come are required to observe the restrictions contained in the Information Memorandum or Abridged Information Memorandum.

• Terms defined in the Information Memorandum shall bear the same meaning herein unless otherwise indicated.

• For advice on the Rights Issue and completion of this form an Eligible Shareholder should consult their preferred professional advisor.

• A Form E shall be rejected as per the policy set out in the Information Memorandum or Abridged Information Memorandum.

• All alterations on the Form E other than the deletion of alternatives, must be authenticated by the full signature of the Eligible Shareholder.

• Presentation of cheques for payment or receipt of funds transferred shall not amount to the acceptance of any application.

• A completed Form E must be physically returned to a Sales Agent. Once made, it is irrevocable and may not be withdrawn.

• The Form E and Application Money should be received by the Sales Agent or the Receiving Bank by 4.00 p.m. on Friday, 9 November 2018 (Closure Date) and neither BK, nor any of the advisors nor any of the Sales Agents shall be under any liability whatsoever should a Form E not be received by this date.

• This Form E and the accompanying Information Memorandum or Abridged Information Memorandum shall be governed by and construed in accordance with the Laws of Rwanda.

CSD A/C

Sales Agent Stamp

BOX 1 No of Rights in your CSD A/C

Entitlee Name

Box 2 Amount Payable(Frw)in full

ATTORNEY PART 1A

Entitless who wish to appoint an attorney to deal with the Rights Issue may do so via Form A(Form of Appointment of Attorney) available from a Sales Agent or downloaded from www.bk.rw

PART 1 ACCEPTANCE IN FULL, TOTAL SHARES

FULL ACCEPTANCE. I/We hereby accept in full, subject to the terms of the Information Memorandum, this Form E and the Memorandum and Articles of Association of BK Group PLC, the number of New Shares above in Box 1, for the value in Box 2 above

PART 1B

TOTAL SHARES. Having accepted all the New Shares in Part 1A above I/we hereby apply for the total New Shares in Box 3for the value in Box 4 herein

BOX 3 Number of total New Shares (Box 1)

PARTIAL ACCEPTANCE. IF PART 1 ABOVE IS NOT ACCEPTED. I/We hereby accept in part, subject to the terms of the Information Memorandum, this PAL and the Memorandum and Articles of Association of BK Group PLC the number of New Shares specified in Box 6 for the value set out in Box 7herein.

BOX 5 Number of New Shares accepted in part

a. Tick PART 1A if accepting in full all New Shares as in Box 1. b. Complete total number of New Shares applied for in Box 6 in PART 1b, i.e. Box 3 = Box 1 c. Complete the total value of New Shares applied for in Box 6, PART 1b. i.e. Box 4= Box 2 d. Allocation and Allotment is subject to the terms in the Information Memorandum and Abridged Information Memorandum.

BOX 4 Amount payable (multiply value in Box 3 by Frw 270.00)

PART 2 PARTIAL ACCEPTANCE

PART 2

3.1

Tick (√) PART 3

Agents Payment

3.2

Frw.

Direct Amount Payment

Frw.

Chq/Transfer Ref No./ Deposit Ref No.

3.3

PART 4

a. a.All payments are to be made in Rwanda Francs b. b. Section 4.10 in the Information Memorandum and Section 4.10 in the Abridged Information Memorandum provides details on Modes of Payment. c. Please read carefully the instructions. d. Complete Section 3.1 with the Funds Transfer Number or Banker’s Cheque Number and name of remitting/paying bank e. If payment for Shares is via Irrevocable Bank Guarantee or Irrevocable Letter of Undertaking, tick the box provided and attach the IBG/ILU f. to this PAL. g. If a Financier is involved, complete section labeled ‘Financier Details’ by providing the Loan Reference and the name of the Institution and Branch. h. All Application Money must be made in cleared funds on or before 4:00 pm on Friday, 9 November 2018.

FINANCIER DETAILS

Bank Name

Account Name (as per Statement)

Country & Swift if not Rwanda

PART 4 REFUND

Branch Code

Account Number (full Account No

a. A bank account is mandatory for eligible investors.. b. Please refer to Section 4.14 in the Information Memorandum and Section 4.14 in the Abridged Information Memorandum for details on Refunds. c. Please provide clearly the relevant details in the boxes provided.

PART 5 SIGNATURE

The Form E must be signed to ensure acceptance.For companies/institutions/organisations,signatures can be affixed as per the authorised mandate.

PART 6 EMAIL &/or MOBILE No

PART 5

SIGNATURE OF ENTITLEE or AUTHORISED ATTORNEY

Space has been provided to insert this information so that contact can be established in case of need.

Date:

Sign as necessary

PART 6

PART 3 PAYMENT

Bank Name & Branch

Institution & Branch

REFUND

a. Complete this part if you wish to accept a portion of the New Shares to which you are entitled. You must not have completed PART 1. b. Enter number of New Shares you would like to accept into Box 5. This number must be less than the number in Box 3. c. Enter the amount due for the New Shares in Box 6 by multiplying the number in Box 5 with Frw 270.00 per New Share.

BOX 6 Amount payable (Frw) (multiply figure in Box 5 by Frw 270.00)

CSD Form 5 Serial No

SALES AGENTS: BK Capital,Faida Securities, African Alliance Rwanda Securities, CDH Capital,Baraka Capital. MBEA Brokerage Services,Core Securities, SBG Securities

Provide Email & Mobile No: Tear off

Tear off

Entitlee

Sales Agent P.T.O

1.1.

Form of Renunciation

1.2.

1.3 Form of Entitlement

8.4

Gutanga uburenganzira bwo guhagararirwa FORM OF POWER OF ATTORNEY (FORM A)

THIS DOCUMENT IS TO BE READ AND EXECUTED IN CONJUCTION WITH DOCUMENTS FOR THE RIGHTS ISSUE 2018 INCLUDING THE INFORMATION MEMORANDUM. PLEASE CONSULT YOUR PREFERRED ADVISOR IF REQUIRED. RIGHTS ISSUE CLOSES AT 4.00 P.M. ON FRIDAY, 9 NOVEMBER 2018. Available from Sales Agents or www.bk.rw

Sales Agent

Eligible Shareholder/Rump Investor: Name and Address:

REFERENCE PAL/Rump Form Serial No

CSD A/C

1.

This Form A is only for Eligible Shareholders/Rump Investors who wish to appoint entirely at their own risk an attorney to act on their behalf for the Rights Issue.

2.

This Form A will be required to be attached to a PAL or Rump Form.

To: The Directors, BK Group PLC This appointment of Attorney is limited in respect of the BK Group PLC Rights Issue 2018 (Rights Issue).

I/We hereby accept, subject to the terms of the Information Memorandum and the Memorandum and Articles of Association of BK Group PLC to appoint the persons as named in Attorney Details below to be my/our attorney (“Attorney”) in my/our name and on my/our behalf, to take appropriate action including complete any forms in connection with the New Shares and to do all or acts which the Attorney thinks fit with regard to any other forms. I/We agree to ratify everything the Attorney does or purports to do in accordance with this appointment of Attorney and to indemnify the Attorney against all claims and liabilities arising out of anything lawfully done by the Attorney. This power shall remain irrevocable until Friday, 9 November 2018 SIGNATURE OF ELIGIBLE SHAREHOLDER / RUMP INVESTOR Signature 1

Signature 2

Company Seal/Stamp (If applicable

Date: __________________________________ Provide Email & Tel/Mobile No:

ATTORNEY DETAILS Name

ID/Passport No.

Postal Address including postcode and Email

Tel/Mobile No

SIGNATURE OF ATTORNEY Signature 1

Signature 2

Company Seal/Stamp (If applicable

Date: __________________________________

[]

32

Tear off

The last date and time for acceptance and payment of the New Shares is on or before 4:00 p.m. on Friday,9 November 2018. If no action is taken on the Rights, they will lapse and be subject to Section 4.8 (Untaken Rights) in the Information Memorandum and Section 4.8 in the Abridged Information Memorandum.

Form E No

Eligible Shareholder

Tear off

FORM E RECEIPT. Eligible Shareholder must ensure that this tear off is Stamped by the Sales Agent and returned to them for their safe custody together with the proof of payment.

FORM E RECEIPT-BK GROUP PLC RIGHTS ISSUE 2018

1.3.

NOTES (FORM E)

TO

BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

IGIKA CYA 8 (Birakomeza) 1.11.

8.5 Ibaruwa ya Banki yishingiraubwishyu bidasubirwaho [IRIHO IKIRANGANTEGO CYA BANKI]

Ref: [ • ] Itariki: [ • ] Ku Bayobozi BK Group PLC BK Group PLC Building KN4 Ave No 12, Plot No 790 P.O. Box 175 Kigali, Rwanda

1.12.

8.6 Icyemezo kidasubirwaho cyo kugura imgabane

KIRIHO IKIRANGANTEGO CY’UMUSHORAMARI / UMWISHINGIYE] Ref: [ • ] Itariki [ • ] Ku Bayobozi BK Group PLC BK Group PLC Building KN4 Ave No 12, Plot No 790 P.O. Box 175 Kigali, Rwanda Banyakubahwa,

Banyakubahwa,

BK GROUP PLC LTD - IMIGABANE MISHYA IGENEWE ABASANZWE ARI ABANYAMIGABANE 2018

BK GROUP PLC LTD – IMIGABANE MISHYA IGENEWE ABASANZWE ARI ABANYAMIGABANE 2018

IBARUWA YEMEZA BIDASUBIRWAHO KWISHYURA IMIGABANE MISHYA IGENEWE [amazina y’umushoramari] (“ILU”)

IBARUWA YEMEZA BIDASUBIRWAHO UBWISHYU BW’IMIGABANE MISHYA IGENEWE [amazina y’umushoramari] (“IBG”)

TUMAZE KUBONA KO [amazina y’umushoramari] abinyujije ku nyandiko yo gusaba imigabane [RIF No [ • ] yasabye migabane mishya [ • ] ya BK GROUP PLC 2018- igenewe abasanzwe ari abanyamigabane nk’uko bivugwa mu Nyandiko ibitangaho amakuru yo ku itariki [ • ] (amagambo yanditse mu nyuguti z’icyapa muri iyi ILU avuze kandi kumvwa nk’uko asobanurwa mu nyandiko ya BK Group PLC ibitangaho amakurutanga amakuru),

TUMAZE KUBONA KO[amazina y’umushoramari] abinyujije ku nyandiko yo gusaba imiabane [RIF No [ • ] yasabye migabane mishya [ • ] ya BK GROUP PLC 2018- igenewe abasanzwe ari abanyamigabane nk’uko bivugwa mu Nyandiko ibitangaho amakuru yo ku itariki [ • ] [ • ] (amagambo yanditse mu nyugut z’icyapa muri iyi IBG avuze kandi kumvwa nk’uko asobanurwa mu nyandiko ya BK Group PLC ibitangaho amakuru),

TUMAZE KANDI KUBONA KO iyo nyandiko ya BK Group PLC isaba ko umushoramari wasabye imigabane agomba kutanga akibisabwa icyemezo kidasubrwaho cyo kwishingira kwishyura imigabane mishya yose yasabye ku giciro cyagenwe

TUMAZE KANDI KUBONA KO iyo nyandiko ya BK Group PLC isaba ko umushoramari wasabye imigabane agomba gutanga akibisabwa icyemezo kidasubirwaho cyo kwishingira kwishyura imigabane mishya yose yasabye ku giciro cyagenwe, NO KUBONA ko twebwe [amazina y’utanze icyemezo] twemeye gutanga iyi IBG, NONEHO, tubisabwe n’umushoramari kandi tuzirikana ko mushobora kumugenera imigabane mishya yasabye cyangwa mike kuri yo, twiyemeje bidasubirwaho kwshyura mu mafaranga y’amanyarwanda, mukibidusaba (mubinyujije kuri email, fax, ibaruwa izanywe n’uwo mutumye cyangwa nyujijwe kuri SWIFT) bidatinze kandi tutabigiyeho impaka, amafaranga yose muzatwaka atarenze [amount in words] (Frw [umubare]) mutagombye gutanga gihamya cyangwa cyangwa kwerekana impamvu zabyo cyangwa ibisobanura umubare usabwa ku buryo bwaEFT/RTGS mu masaha 24 nyuma yo kubazwa kwishyura, cyangwa mbere ya 3.00 p.m. kuwa 21 Ukwakira 2018 hakurkijwe umunsi uza mbere , nk’uko bivugwa mu Nyandiko ya BK Group PLC ibitangaho amakuru.

Iyi IBG izakomeza kugira agaciro kugeza 3.00 p.m. kuwa 21 Uushyingo 2018 kandi ibisabwa byose bijyanye n’iki ikorwa bikatugeraho ku biro mbere cyangwa kuri uwo munsi n’isaha.

Iyi IBG Izagengwa kandi isobanuke hakurikijwe amategeko ariho mu Rwanda. Mu mpaka zose zavuka twiyemeje bidasubirwaho ko zizakemurwa n’inkiko zo mu Rwanda.

AKABA ARIYO MPAMVU DUTANZE KANDI DUSHYIZE UMUKONO KURI IYI NYANDIKO YISHINGIRA BIDASUBIRWAHO UBWISHYU BW’IMIGABANE BAAHAWE, KURI IYI TARIKI YA [ • ] Y’UKWEZI KWAF [ • ] 2018.

NO KUBONA ko twebwe [amazina y’utanze icyemezo] twemeye gutanga iyi ILU, NONEHO, tubisabwe n’umushoramari kandi tuzirikana ko mushobora kumugenera imigabane mishya yasabye cyangwa mike kuri yo, twiyemeje bidasubirwaho kwshyura mu mafaranga y’amanyarwanda, mukibidusaba (mubinyujije kuri email, fax, ibaruwa izanywe n’uwo mutumye cyangwa nyujijwe kuri SWIFT) bidatinze kandi tutabigiyeho impaka, amafaranga yose muzatwaka atarenze [amount in words] (Frw [umubare]) mutagombye gutanga gihamya cyangwa kwerekana impamvu zabyo cyangwa ibisobanura umubare usabwa ku buryo bwaEFT/RTGS mu masaha 24 nyuma yo kubazwa kuyshyura, cyangwa mbere ya 3.00 p.m. kuwa 21 Ukwakira 2018 hakurikijwe umunsi uza mbere , nk’uko bivugwa mu Nyandiko ya BK Group PLC ibitangaho amakuru.

Iyi ILU izakomeza kugira agaciro kugeza 3.00 p.m. kuwa 21 Uushyingo 2018 kandi ibisabwa byose bijyanye n’iki gikorwa bikatugeraho ku biro mbere cyangwa kuri uwo munsi n’isaha.

Haramutse hatabayeho kwishyura mu minsi ibiri y;akazi ikurikiraho kugeza 3:30 p.m. kandi BK Group PLC yarabimenyekanishije, izaba ifte uburenganzira nta yindi nteguza bwo gutesha agaciro ibaruwa yasabye imigabane: ikayigenera abandi uko yishakiye nta nzitizi, hatavanyweho uburenganzira yaba ifite ku ndishyi z’akababaro yaba ikwiye, cyangwa se kutwongerera igihe cyo kwishyura hakurikijwe uko ibibona. Biramutse bibaye bityo, twiteguye kwishyura inyungu z’ubukererwe ku mafarana yose azaba atarishyurwa ku ijanisha ku mwaka ku mafaranga atishyuye buri musi inyungu nayo ibona indi buri kwezi Iyi ILU Izagengwa kandi isobanuke hakurikijwe amategeko ariho mu Rwanda. Mu mpaka zose zavuka twiyemeje bidasubirwaho ko zizakemurwa n’inkiko zo mu Rwanda.

AKABA ARIYO MPAMVU DUTANZE KANDI DUSHYIZE UMUKONO KURI IYI NYANDIKO YEMEZA BIDASUBIRWAHO KWISHYURIRA IMIGABANE TWAHAWE, KURI IY TARIKI YA [ • ] Y’UKWEZI KWAF [ • ] 2018.

[Umukono w’Ababifitiye Ububasha muri Banki] [Umukono w’Ababifitiye Ububasha muri Banki] BK GROUP PLC RIGHTS ISSUE ABRIDGED INFORMATION MEMORANDUM

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www.bk.rw www.bk.co.rw BK Group PLC Building | KN4 Ave No 12, Plot No 790 | P.O. Box 175 Kigali, Rwanda