EDGR.zw | Announcement of results of the Renounceable Rights Offer

The following are the results of the Edgars Stores Limited Rights Offer which closed on 21 August 2020.

Number of Rights Offer shares 274 658 112
Ordinary Rights Offer Shares subscribed 144 291 331
Percentage Subscription 53%
Percentage taken by the Underwriter 47%
Ordinary Shares issued to the Underwriter 130 366 781

The shares were issued and listed on the Zimbabwe Stock Exchange on Friday 28 August 2020.

By Order of the Board

V. K. Nxumalo
Company Secretary