MIK Meikles Limited

 
TIDMMIK 
 
MEIKLES LIMITED 
 
                         FURTHER CAUTIONARY STATEMENT 
 
Further to the Cautionary Statement published by Meikles Limited on 8 March 
2017, the Directors of the Company advise shareholders that discussions 
relating to a possible offer to shareholders of Meikles Limited and the 
subsequent delisting from the Zimbabwe Stock Exchange ("ZSE"), remain ongoing 
("the Proposed Transaction"). 
 
Shareholders are advised that the offer now under consideration has been made 
to 'ALL SHAREHOLDERS' by Albwardy Investment, an entity based in Dubai, with 
business interests in hospitality, retail and agriculture. 
 
Shareholders are further advised that the Proposed Transaction can, however, 
not be formalised until the audited financials for the year ended 31 March 2017 
("2017 Financials") are made public. The Company is expediting this process and 
it is anticipated that the 2017 Financials will be made available during the 
first half of May 2017. 
 
The Directors, therefore advise shareholders of Meikles Limited to continue to 
exercise caution when dealing in the shares of Meikles Limited until a further 
announcement in this regard is made. 
 
Thabani Mpofu 
 
Company Secretary 
 
7 April 2017 
 
 
 
END 
 

(END) Dow Jones Newswires

April 07, 2017 02:00 ET (06:00 GMT)

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