Bannerman appoints Cirrus Securities as equity sponsor

Staff Writer Bannerman Energy Ltd has announced a change in its Namibia Securities Exchange (NSX) sponsorship arrangement, confirming the appointment of Cirrus Securities (Pty) Ltd as its new equity sponsor, effective 5 June 2026. The Australia-incorporated uranium developer, which maintains a dual listing structure across the ASX and NSX, said the move forms part of a planned rotation of its NSX sponsorship services in line with the exchange’s listing requirements. In terms of Sections 2.2 and 2.6 of the NSX Listings Requirements, shareholders were advised that IJG Securities (Pty) Ltd will step down from its role as NSX equity sponsor after serving the company during its previous tenure.