ZB Financial Holdings Limited – Notice to shareholders of Mashonaland Holdings Limited

By Published On: November 18th, 2022Categories: Corporate announcement

In accordance with section 237 (1) of the Companies and Other Businesses Act [Chapter 24:31], NOTICE is hereby given to the Shareholders of Mashonaland Holdings Limited (“Mash”) that ZB Financial Holdings Limited (“ZBFH”), together with its associates ZB Life Assurance Limited and ZB Financial Holdings Group Pension Fund have acquired a control block in Mashonaland Holdings Limited primarily as a result of the share buyback which was carried out by Mash and the subsequent market purchases.

ZBFH will further notify the Shareholders of Mash of its offer to minorities within 60 (sixty) days of this notice.

By order of the Board,

Tinashe F. A. Masiiwa
Group Company Secretary

07 November 2022

ZB Financial Holdings Limited
21 Natal Road, Avondale, Harare, Zimbabwe

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.