Edgars Q1 2024 Trading Update

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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 shares274 658 112
Ordinary Rights Offer Shares subscribed144 291 331
Percentage Subscription53%
Percentage taken by the Underwriter47%
Ordinary Shares issued to the Underwriter130 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