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