Notice to Shareholders
Notice to Shareholders
NoticeWithdrawalis hereby givenofto ShareholdersCautionaryof CBZ AnnouncementHoldings Limited ("CBZHL") that in October 2019, CBZHL and the National Social Security Authority ("NSSA")
concluded a Share Purchase and Sale Agreement ("the Agreement") in terms of
Shareholders are referred to the Cautionary Statements issued by
which CBZHL purchased 31.22% of the shares in the share capital of First Mutual
the CBZ Holdings Limited (the Company) Board during the course of
Holdings Limited ("FMHL") from NSSA ("the Transaction"). The Transaction was
years 2017, 2018 and 2019.
approved by Shareholders of CBZHL at an Extraordinary General Meeting held on
31CBZJanuaryBank2022Limited. has been co-operating in investigations by the Office of Foreign Asset Control (OFAC) regarding historical
All the required approvals have now been obtained and administrative aspects of
transactions involving a party that was subject to OFAC economic
the Agreement have been concluded and upon transfer of the shares purchased,
sanctions. OFAC has concluded its investigations and the matter has
CBZ Holdings Limited will become a significant shareholder of First Mutual Holdings
been resolved through the issuance of a Cautionary Letter.
Limited.
BYAsORDERa resultOFthereof,THE BOARDthe contents of the previous Cautionary Announcements have ceased to have any relevance or effect on the Company and caution is no longer required to be exercised by shareholders when dealing in their securities.
Rumbidzayi Angeline Jakanani
GROUPBy orderCHIEFof theGOVERNANCEBoard OFFICER
REGISTERED HEAD OFFICE
5 Campbell Road Pomona
Harare, Zimbabwe
Telephone: (263-242) 748 050-79
Email: info@cbzh.co.zw
wwwRumbidzayi.cbz.co.zw Angeline Jakanani
Group Legal Corporate Secretary
6 September 2023
REGISTERED HEAD OFFICE 5th Floor, Union House DIRECTORS:60 Kwame Nkrumah Avenue
Marc L Holtzman, Edward E. Galante, Rebecca L. Gaskin Gain, Louis C. Gerken, Edward U. Mashingaidze,
BlessingHarare,Mudavanhu*Zimbabwe(Group Chief Executive Officer), Tawanda L. Gumbo*(Group Chief Finance Officer)
Telephone: 0242 - 748 050 - 79
* Executive Director
Email: info@cbz.co.zw
31 August 2020
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CBZ Holdings Ltd. published this content on 18 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 September 2023 07:19:00 UTC.