Meikles Ld Notice to Shareholders re Tanganda Unbundling
15 April 2021 - 4:00PM
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
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