Letshego Holdings Limited

Letshego Holdings Notice to All Shareholders

By Published On: May 4th, 2022Categories: Corporate announcement

Letshego Holdings Limited (“LHL” | “the Group” | “Letshego”) was incorporated in 1998, is headquartered in Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE) since 2002. Letshego is an inclusive finance focused Group with microfinance banking and consumer lending subsidiaries across eleven countries in sub-Saharan Africa.

Letshego Holdings Limited (“LHL” / “the Company” / “Letshego”) has terminated with immediate effect the employment of Mr. Andrew Fening Okai as Group Chief Executive and Executive Director of the Group Board due to an irreparable breakdown in trust and confidence between the two parties.

In addition, the Board has simultaneously suspended the Company Secretary Ms. Matshidiso Kimwaga pending a disciplinary process.

While the Board considers a permanent appointment, Mr Aupa Monyatsi, the current Chief Operations Officer of the Company has been appointed with immediate effect as the Group CEO and Executive Director for an interim period. The Board fully supports and has confidence in Monyatsi and his Executive Team to continue to drive the Company strategy.

The Company will announce the appointment of an interim Company Secretary pending the outcome of the disciplinary process of the suspended Company Secretary.

On behalf of the Board,

Group Board Chairman

Letshego Holdings Limited (LETSHE.bw)

Share price: 145.00 Thebe (0.00 | 0.00% – 15/08/22)

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