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| 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 |
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TIDMMIK
MEIKLES LIMITED
CAUTIONARY STATEMENT
The Directors of Meikles Limited wish to advise shareholders that the Company
is in discussions to sell certain of its hospitality assets.
The proposed disposal would constitute a "Category 1" transaction under Section
9 of the Zimbabwe Stock Exchange listing rules. Accordingly the Company would
be seeking the approval of its shareholders for the proposed disposal at an
Extraordinary General Meeting ("EGM") to be convened at a future date.
The rationale of the proposed transaction and further strategies to enhance
shareholder value would be detailed in the EGM circular.
The Directors advise shareholders of Meikles Limited and the public to exercise
caution when dealing in the shares of Meikles Limited.
TMpofu
Company Secretary
22 February 2019
END
(END) Dow Jones Newswires
February 22, 2019 02:00 ET (07:00 GMT)
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