Edgars Stores – Results of Extraordinary General Meeting

June 30th, 2020|

Announcement of the results of voting at the Extraordinary General Meeting of shareholders of Edgars Stores Limited held at 12:00 AM on 16 June 2020 regarding the proposed Renounceable Rights Offer of 274,745,630 ordinary shares of a nominal value of ZWL$0.01 each, at a Rights Offer price of ZWL$0.2548 per share, on the basis of [...]

Edgars Stores to hold its 71st Annual General Meeting on 16 June 2020

June 6th, 2020|

Notice is hereby given that the 71% Annual General Meeting of members will be held at Edgars Training Auditorium, 1st Floor LAPF House, 8th Avenue/ Jason Moyo Street, Bulawayo, on 16 June 2020 at 10.00 hours. Shareholders are advised that in light of the current regulations which prohibit gatherings in excess of 50 people and [...]

Edgars Stores Circular to Shareholders: Renounceable Rights Offer

May 26th, 2020|

Edgars Stores Limited (EDGR.zw) [Excerpts from the Circular] THE PROPOSED TRANSACTION The Board is proposing a Renounceable Rights Offer to recapitalize Edgars by way of a rights offer of 274,745,630 (Two hundred and seventy- four million, seven hundred and forty five thousand, six hundred and thirty) ordinary shares of a nominal value of ZWL$0.01 (1 [...]

Edgars Stores notice of Extraordinary General Meeting

May 26th, 2020|

NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (“EGM”) of the Members of Edgars Stores Limited (“Edgars ” or “the Company”) will be held at LAPF 1st Floor, Corner 8th Avenue and Jason Moyo Street in Bulawayo on Tuesday, 16 June at 1200 hours for the purpose of transacting the following business and consider [...]

EDGR.zw | Group CEO’s Trading Update: 13 Weeks Ended 5 April 2020

May 19th, 2020|

Financial Reporting in Hyper Inflationary Economies - IAS 29 We are operating in a hyper inflationary environment and the entity will continue reporting in compliance with IAS 29. However, for this trading update, the Group reported based on historical cost. Group Performance The Group has not been spared from the impact of diminishing consumer purchasing [...]