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MIK Meikles Limited

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Last Updated: -
Delayed by 15 minutes
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

PR Newswire (US)


Meikles (LSE:MIK)
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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

Copyright l 14 PR Newswire

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