MIK Meikles Limited

 
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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