Results of Early Redemption Offer made to Debenture Holders of Econet Wireless Zimbabwe Limited

By Published On: August 16th, 2021Categories: Corporate announcement

The offer for early redemption which was announced on 13 July 2021 closed on the 2nd of August 2021. The results of the offer were as follows:

Description Number Holders Percentage of Holders Number Debentures Percentage of Debentures Approximate ZWL value (ZWL billions)
Debenture Holders who opted for early redemption 255 24.57% 260,722,325 22.34% 1.27
Remaining Debenture Holders 783 75.43% 906,184,293 77.66% 4.42
Total 1,038 100.00% 1,166,906,618 100.00% 5.69

 

All offers for early redemption have been accepted by the Company. Payment will be made in full on or before 30 September 2021. The amount to be paid falls within the threshold approved by the Reserve Bank of Zimbabwe.

By order of the Board
Econet Wireless Zimbabwe Limited

C.A. Banda
Group Company Secretary

Econet Wireless Zimbabwe Limited (ECO.zw)

Share price: 15,906.90 ZWL cents (-65.25 | -0.41% – 10/08/22)

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