Letshego Holdings Limited

Letshego Holdings – Notice to Shareholders

By Published On: May 13th, 2022Categories: Corporate announcement

Letshego Holdings Limited (“LHL” I “The Company” I “the Group” I “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 organisation, driven by its digitalfirst vision to achieve a marked social impact within its 11 subsidiaries across sub-Saharan Africa.

It has come to the attention of the Board of Directors of the Company that speculation exists in the market that the Company is in negotiations with a third party in the region to give effect to an unsolicited offer to aquire a portion of the ordinary share capital of the Company.

The Company hereby unequivocally refutes the speculation and would like to advise shareholders that, whilst the Company was recently approached by a third party in the region, the approach did not materialise into a firm intention to make an offer. Therefore, the Board confirms that there are currently no ongoing negotiations between the Company and any third party to acquire a portion of ordinary share capital of the Company.

Should a firm intention to make an offer be received, the Company Board will consider the offer in the interests of shareholders and address the offer as prescribed in the takeover regulations of the Botswana Stock Exchange. The Board will issue all necessary announcements in accordance with the applicable listing rules.

Shareholders are advised not to rely on any information other than information disclosed formally by the Company.

BY ORDER OF THE BOARD OF DIRECTORS OF LETSHEGO HOLDINGS LIMITED

Friday 13 May 2022

ENOS BANDA
Group Board Chairman

AOBAKWE AUPA MONYATSI
Interim Group Chief Executive

Letshego Holdings Limited (LETSHE.bw)

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

Sign up for Email Alerts

Recent Documents & News