Econet Wireless Zimbabwe – Cautionary Announcement

By Published On: May 31st, 2023Categories: Corporate announcement

Further to the Cautionary Announcements dated 5 April 2023 and 27 April 2023 respectively, Shareholders are advised that the Company’s application for Exchange Control Approval relating to the proposed Rights Offer is still pending.

The Application to the ZSE Listings Committee for the approval of the publication of the full Circular will only be finalized upon completion of the audit of the Company’s financial reports for the year ended 28 February 2023 which is currently in progress.

In the circumstances, shareholders are further advised to exercise caution in dealing with the securities of the Company.

By order of the Board

C.A. Banda
Group Company Secretary

30 May 2023

Directors:
Dr. J. Myers (Chairman)*, Dr. D. Mboweni (Chief Executive Officer), Mr. R. Chimanikire (Deputy Chief Executive Officer), Dr. J. Chimhanzi*, Mr. M. Edge*, Mr. M. Gasela*, Mr. G. Gomwe*, Miss. E.T. Masiyiwa*, Ms. B. Mtetwa*, Mr C.L. Moyo (Finance Director), Ms T. Moyo*, Mr. H. Pemhiwa*. *Non Executive.

Econet Cautionary Announcement – 30 May 2023.pdf

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.

Econet Wireless Zimbabwe Limited (ECO.zw)

Share price: 49,020.63 ZWL cents ▼ (-910.17 | -1.82% – 03/10/23)

Sign up for Email Alerts

Recent Documents & News