Further to the cautionary statement published in the press on 22 February 2019 and subsequent updates on 20 March 2019, 12 April 2019, 2 May 2019, 23 May 2019, 13 June 2019, 4 July 2019, 25 July 2019, 21 August 2019 and 12 September 2019, the Directors of Meikles Limited wish to advise shareholders that the Company has engaged the relevant regulatory authorities in the process of finalising the Meikles Hotel transaction and awaits responses from the same. The Company will be seeking approval of its shareholders for the proposed disposal at an Extraordinary General Meeting to be convened at a future date.

The Directors advise shareholders of Meikles Limited and the public to continue to exercise caution when dealing in the shares of Meikles Limited.

3 October 2019