Groot Glass : Private Placement Offering
Be part of the history in the making, be part of the excitement; become a shareholder, a part-owner, in Groot Glass, Namibia's only and the first glass manufacturing factory, to produce world's quality glass products for Namibia as well as for the SADC markets.
Groot Systems (Pty) Ltd is issuing a non-brokered private placement offering of Groot Glass consisting of 400,000,000 ordinary shares ("units") which is 20% of the total 2,000,000,000 authorized units of Groot Glass at N$5 per unit, 98% discount.
Starting December 1, 2017 to February 28, 2018, we are taking reservation placements from those interested in our private offering as stated above.
This is a limited offering, open to first come first serve basis only, and will not be extended. If the said offerings get finished, there will be no extension.
Groot Glass has received a written blessing of the Namibian government through National Planning Commission (NPC), Ministry of Trade and Industrialization and the ruling SWAPO Party, and has received its Environmental Clearance by the Ministry of Environment and Tourism, see a recent news article about Groot Glass in The Villager Newspaper at:
The Villager Newspaper.
Use of Proceeds
The proceeds will be used to prepare for the civil and engineering work for the construction of the two glass factories; Groot Container and Groot Float Glass Manufacturing Factories in Tses starting in 2018.
Terms and Conditions
There is a minimum number of units per each reservation, which is 200 units at N$1,000.00; one unit is N$5.00 each.
Each unit is equal to one ordinary share of Groot Glass.
About Groot Glass
To learn more about Groot Glass, see Groot Glass
This is a private placement offering of ordinary shares in Groot Glass which are not registered with any stock exchange. There are risks involved in the offered shares of stocks as there is no guarantee that the shares offered hereto will grow in value or not. Excise with great caution when participating in this private placement offering. Groot Glass Private Placement Offering is not open nor available for the citizens or lawful permanent residents of the United States of America.
Application for Groot Glass Units
Now that you have read this far and have understood our Groot Glass Private Placement Offering and our Disclaimer as clearly posted above, you can now proceed to download our Application Form for the Groot Glass Private Placement Offering. If you cannot download this Application, simply follow the instructions below to reserve your units in Groot Glass.
To reserve your units in Groot Glass:
With your full name and the total number of units you want to reserve.
Our banking account for you to make your payment for your unit is as follow:
Account No: 60002401591
Branch Code: 081171
Swift Code: SBNMNANX
Once you have made your payment to the bank account as listed above, then make sure to contact us either via the phone number or email address listed above with your proof of payment. Upon we received your payment, we will issue you a Letter of Confirmation of your Shares in Groot Glass, and your Shares Certificate will be issued to you a few days later.
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