Published: 05 July 2017

Details:

The company published the first cautionary on the 7th of December 2016 relating to the acquisition of further shareholding in the company by the National Social Security Authority (NSSA). Section 9 (Note 1A) of the ZSE listing rules compel certain obligations by any acquirer who reaches a threshold of 35%, which has become applicable to NSSA.

Measures to ensure compliance with the ZSE listing rules were initiated and are in progress for execution as soon as the company publishes its 2016 Financial results in line with ZSE requirements. Meanwhile, shareholders and the investing public are advised to continue exercising caution when trading in the company's shares.


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