Strategically linking up with its suppliers, clients and workers caused Natluk S.A., a processor and exporter of seafood, to decide to issue shares in the stock market.
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Strategically allying itself with its suppliers, clients and workers caused Natluk S.A., a processor and exporter of seafood, to decide to issue shares in the stock market.
Verónica Dahik, general manager of this family business that emerged nine years ago, explains that they undertook this project because it is a tool that allows them to grow and capitalize.
“We have been growing, why not strategically ally ourselves with those of us who have already been working. Apart from receiving their payments for their raw material or the product that they can sell they can also receive profits from the company”, she says. She adds that the idea is also that their workers can access these shares. Since December there are 800,000 shares for sale.
The value of each is $6.60 and they expect 8.5% annual return. The minimum investment package is one hundred shares. According to Dahik, within the share offer, the rule was established that they must pay investors at least 30% in cash of the profits generated by the company, and after the third year, 50%. She adds that this practice is not common in the country, which is why she dares to say that they are the pioneers in the industry in issuing shares. In order for her project to be approved, she had to meet various requirements of the Superintendency of Companies and the Stock Exchange. “When we opened the company we started as an SME, we grew from medium to large, today we are within the group of shrimp exporters,” she highlights Dahik. Its main markets are the United States and Europe. In 2017 they exported $10 million and for this year they hope to reach $18 million.