Edgars Q1 2024 Trading Update
October 9, 2020
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