AfricanCapitalMarkets.com (ACM) was sold in April 2008 and is no longer operational
However, all transactions conducted through ACM prior to April 2008 are still being managed
ACM Terms of Service govern all transactions concluded through ACM.
Term 8 of the ACM Terms of Service says:
"For safety and convenience, all stock purchased through AfricanCapitalMarkets.com will be initially
purchased In Street Name. However, subsequent to the conclusion of stock purchases, the
Beneficial Owner can request that a share certificate is issued in their name."
Term 23 of the ACM Terms of Service says.
"IPOS: With regards to purchase of Initial Public Offerings made through ACM, ACM reserves the right
to purchase the stock for the purchaser from the secondary market instead of the primary market
through a participating ACM broker."
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