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INQO Inqo Investments Limited

66.00
0.00 (0.00%)
08:03:30 - Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Inqo Investments Limited AQSE:INQO Aquis Stock Exchange Ordinary Share ZAU000014391 Ordinary shares
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 66.00 65.00 67.00 66.00 64.50 64.50 0.00 08:03:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Inqo Investments Limited Sale of investment in Bee Sweet Honey Limited (5313H)

25/11/2022 7:00am

UK Regulatory


Inqo Investments (AQSE:INQO)
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From Apr 2022 to Apr 2024

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TIDMINQO

RNS Number : 5313H

Inqo Investments Limited

25 November 2022

Inqo Investments Limited

INQO INVESTMENTS LIMITED ANNOUNCES THE SALE OF ITS

INVESTMENT IN BEE SWEET HONEY LIMITED IN ZAMBIA

Inqo Investments Limited announces the exit of its investment in Bee Sweet Honey Limited, the honey production business in Zambia.

Inqo decided to disinvest from its Bee Sweet investment as the company was not performing in terms of its agreed financial mandate and was undergoing a corporate re-structure. The disposal is expected to be completed with a final payment in January 2023. This divestment incurred a net loss of ZAR950k.

Enquiries

 
 Inqo Investments Limited                Tel: +27 (0)83 6254069 
 Chris Bertie, Chief Financial Officer   Email: cbertie@acland.co.za 
  and Chief Operating Officer 
 
 Hobart Capital Markets LLP 
 AQSE Corporate Adviser and Broker       Tel: +44 (0)20 7070 5665 
 Dr Wang Chong                           Email: wang.chong@hobartcapital.com 
 

About Inqo Investments Limited

"INQO" ( www.inqo.co.za ) is a South Africa based social impact company listed on the London Aquis Stock Exchange. It makes strategic acquisitions and investments in businesses designed to tackle poverty and provide employment, products and services to the poor in Low Income Countries (LICs).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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November 25, 2022 02:00 ET (07:00 GMT)

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