Hippo Valley Estates – Notice to Shareholders
The Board wishes to advise its shareholders of the appointment of Mr Johann van Rooyen as a Non-Executive Director to the Board, with effect from 15 May 2024. Johann is currently the Acting Group Chief Business Transformation and Governance Officer of Tongaat Hulett Limited. He is a seasoned and established professional and Admitted Attorney with extensive risk, compliance, insurance, and …
Hippo Valley Estates – Trading Update for the Third Quarter Ended 31 December 2023
Operating Environment The Company operated in a difficult business environment with significant inflationary pressures, exchange rate volatility, constrained Zimbabwe Dollar (ZWL) and United States Dollar (USD) liquidity. The official exchange rate to the ZWL devalued by 556% from ZWL930:US$1 at the beginning of the year to ZWL6 105:US$1 at the end of December 2023, negatively impacting on financial performance. Regional …
Hippo Valley Estates – Notice to Shareholders
The Board of Directors of Hippo Valley Estates Limited wishes to advise its shareholders of the following changes in the Company and the Board: Aiden Mhere (ACIS, AMP, MBA) the current Chief Executive Officer of the Company, has elected to proceed on early retirement on 31 March 2024, to allow him to focus on the next phase of his career, …
Hippo Valley Estates Reviewed Abridged Interim Financial Results for HYE 30 September 2023
CHAIRMAN’S STATEMENT AND CHIEF EXECUTIVE’S REVIEW FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023 SALIENT FEATURES COMMENTARY Overview During the second quarter of the financial year, the business environment in which Hippo Valley Estates Limited (“the Company”) operates remained volatile and unpredictable, characterised by liquidity challenges within the general economy. On a positive note, there has been some stability in …