• In March 2016 Barclays Bank PLC (BB PLC) announced its intention to dispose of its majority shareholding stake in Barclays Zimbabwe (the disposal);
• BB PLC has informed the Company of progress in relation to the disposal of its shareholding, in particular that BB PLC is engaged in exclusive discussions with a potential purchase in relation to the disposal;
• Discussions are ongoing and may or may not result in the announcement of a transaction involving the disposal of BB PLC’s interest in the Company.
Shareholders are reminded that Barclays Bank of Zimbabwe Limited (the Company) is trading under a cautionary issued with respect to an announcement made by Barclays Bank PLC (BB PLC):
The Directors of CBZ Holdings Limited advise the Company’s shareholders and members of the public to exercise caution and to consult their professional advisors when dealing in the shares of the Company until a further announcement is made. The Company’s shareholders and members of the public will be updated on the matter in accordance with the Zimbabwe Stock Exchange Listing Rules.
Notice is hereby given that the Annual General Meeting of Simbisa Brands Limited will be held at Standards Association of Zimbabwe, Northend Close, Northridge Park, Borrowdale on 23rd November 2017 at 0830 hours…
The Directors of Lafarge Cement Zimbabwe Ltd, a member of LafargeHolcim wish to advise shareholders and other stakeholders that LafargeHolcim Ltd, the parent company of the combined Group is engaged in discussions with PPC Ltd of South Africa which may lead to a potential transaction.
Econet Wireless Zimbabwe Limited advises its shareholders that all resolution put to vote at the company’s Annual General Meeting held on Friday 3 February 2017 at 0900 hours were passed with the requisite majority.
Notice is hereby given that the Fifty Ninth Annual General Meeting of TSL Limited will be held at the TSL Limited Head Office, the registered office of the Company, at number 28 Simon Mazorodze Road, Southerton, Harare, Zimbabwe on Wednesday 15th March 2017 at 1200.
Nampak Zimbabwe Limited advises shareholders that all resolutions tabled at the sixty-sixth Annual General Meeting held on 8 February 2017 were unanimously passed.
Notice is hereby given that the 70th Annual General Meeting of Ariston Holdings Limited will be held in the Main Lounge, Royal Harare Golf Club, 5th Street Extension, Harare, Zimbabwe on 30 March 2017 at 1430 hours.
NOTICE IS HEREBY GIVEN that the Fifty-Ninth Annual General Meeting of TSL Limited will be held at the TSL Limited Head Office, the registered office of the Company, at number 28 Simon Mazorodze Road, Southerton, Harare, Zimbabwe on Wednesday 15 March 2017 at 1200 hours.
Econet Wireless Zimbabwe Limited (“Econet”) published an update on the Rights Offer with guidelines for letters of allocation. Econet advised that it has secured all the regulatory approvals required for the purposes of this Rights Offer. Also, the timetable has been revised with the LAs starting trading on 27 February 2017 and the Rights Offer closing on Friday 17 March 2017.
The transaction relates to a possible offer to minorities and subsequent delisting of the Company from the Zimbabwe Stock Exchange in line with Section 9 of the Zimbabwe Stock Exchange Listing requirements.
Milton is a holder of a Bachelor of Science Degree in Chemistry from the University of Zimbabwe and a Master of Business Leadership degree from the University of South Africa.
Acting Group Chief Executive Officer
As a consequence of Mr Ameer’s resignation, the ART Board has appointed Mr Milton Macheka as the Group Chief Executive Officer. Mr Macheka is the Managing Director of the Batteries Division. He has wide manufacturing and marketing experience drawn from over 20 years in chemicals, glass and plastic industries both within Zimbabwe and Southern Africa region.
Retirement of Chief Executive Officer
The Board of OK Zimbabwe Limited announced that Mr. Willard Zireva, the Company’s Chief Executive Officer, will leave the Company on the 31st of March 2017 having decided to take early retirement.