Imperial, through its wholly-owned subsidiary, Imperial Capital Limited, has entered into a sale of shares agreement for the acquisition of 100% of the issued share capital of Deep Catch Namibia Holdings (Deep Catch) for an estimated purchase consideration of N$633 million (about $45 million), from an investment consortium led by Salt Capital. The consortium includes the German development finance institution (DEG) and management shareholders.

Fifty percent of the payment to management...