Acquisition of Additional Shares in I&M Bank (T) Limited
NOTICE TO SHAREHOLDERS OF I&M GROUP PLC
ACQUISITION OF ADDITIONAL SHARES IN I&M BANK (T) LIMITED
nbps; The Board of I&M Group PLC is pleased to announce the successful acquisition of shares in I&M Bank (T) Limited, Tanzania (IMTz), that were previously held by PROPARCO and Microfinance East Africa Ltd (MEAL), following receipt of all corporate and regulatory approvals.Following this acquisition by I&M Group PLC, the Group’s overall shareholding in IMTz, (including shares held by I&M Bank Limited), has increased from 84.9% to 95.5%. The acquisition reflects the Group’s confidence in the country’s dynamic financial sector and marks a significant milestone in IMTz’s growth journey. It firmly reaffirms the Group’s commitment to supporting economic development and financial inclusion in Tanzania.
The Board extends its appreciation to PROPARCO and MEAL for their longstanding partnership, support and contributions that have played a crucial role in IMTz success and achievements to date.
BY ORDER OF THE BOARD
Date: 13th January 2026 Nairobi Kenya.
Disclaimer: This announcement has been issued with the approval of the Capital Markets Authority pursuant to the Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023. As a matter of policy, the Capital Markets Authority assumes no responsibility for the correctness of the statements appearing in this announcement.I&M Group PLC is regulated by the Central Bank of Kenya and the Capital Markets Authority