African Sun (Zimbabwe) announces full acquisition of Dawn Properties Limited

By Published On: September 27th, 2021Categories: Corporate announcement

Following the Circular that was issued to shareholders on Tuesday 22 September 2020 and the subsequent resolution approving the same at an Extraordinary General Meeting held on Tuesday 13 October 2020, the Board wishes to notify its stakeholders and the investing public of the fulfillment of all the Conditions Precedent related to the acquisition of the entire issued shares of Dawn Properties Limited (“Dawn”), (“the Transaction”).

As a result, all Dawn shareholders who have accepted the offer will now be granted African Sun Limited shares in accordance with the terms of the transaction.

By order of the Board

V T Musimbe
Company Secretary
19 August 2021

Registered Office
African Sun Limited
Monomotapa Hotel, 54 Parklane,
Harare, Zimbabwe