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MIK Meikles Limited

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Meikles Limited LSE:MIK London Ordinary Share ZW0009012114 ZWR 0.1
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Hotels And Motels 230.86B 6.25B - N/A 0

Meikles Ld Notice to Shareholders re Tanganda Unbundling

15/04/2021 7:00am

UK Regulatory


 
TIDMMIK 
 
MEIKLES LIMITED 
 
                            NOTICE TO SHAREHOLDERS 
 
The Board of Directors of the Company wish to advise shareholders and members 
of the investing public that the Board is engaged in discussions and is 
considering various proposals which, if implemented, may have a material impact 
on the value of the Company's shares. 
 
In this regard the Directors have determined to unbundle from the Company and 
separately list on the Zimbabwe Stock Exchange the Company's agricultural 
processing business, Tanganda Tea Company Limited. 
 
To this end the Company has engaged professional advisors. Shareholder 
approvals will be sought in due course, with these processes running alongside 
normal year end procedures. 
 
Shareholders and members of the investing public are advised to exercise 
caution and consult their professional advisors before dealing in the Company's 
shares until the full details of the transaction(s) are announced or upon 
withdrawal of this cautionary. 
 
By Order of the Board 
 
T. Mpofu 
 
Company Secretary 
 
15 April 2021 
 
 
 
END 
 
 

(END) Dow Jones Newswires

April 15, 2021 02:00 ET (06:00 GMT)

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