Staff Writer
Choppies Enterprises Limited has announced a share transaction involving its chief executive officer and a senior management member in line with Botswana Stock Exchange listing requirements.
The company said director Ramachandran Ottapathu bought 780 000 ordinary shares in Choppies on 18 May 2026 at P1.50 per share. The transaction was valued at BWP1.17 million.
On the same day, senior management member Satheesan Kodakkadath sold 780 000 ordinary shares at the same price of P1.50 per share, also valued at BWP1.17 million.
Choppies said both transactions were conducted on the market.
The retailer is primarily listed on the Botswana Stock Exchange and also has a secondary listing on the Johannesburg Stock Exchange.
Ramachandran joined Choppies in 1992 and has led operations since 2000. He has played a role in expanding the business in Botswana and other markets.
He has more than 33 years of experience in finance and operations. His experience also includes manufacturing, packaging, milling, real estate development and medical distribution.
