First Capital Bank Limited renewal of cautionary statement

By Published On: October 30th, 2018Categories: Corporate announcement

Shareholders are advised that the First Capital Bank Limited Board of Directors has approved, subject to regulatory and other approvals, including but not limited to the final approval by the Reserve Bank of Zimbabwe, the unbundling of the Company’s non-core banking properties into a separate entity to be listed on the Zimbabwe Stock Exchange. The primary asset included is the Company’s 50% shareholding in a property holding company called Makasa Sun (Private) Limited. Shareholders will be provided with more details in due course.

Accordingly, shareholders and the investing public are advised to exercise caution and should consult their professional advisers when dealing with the Company’s shares.

By order of the Board
Violet Mutandwa
Company Secretary

26 October 2018

First Capital Bank Limited
Barclay House
Corner 1st Street/Jason Moyo Avenue
Harare, Zimbabwe

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.

First Capital Bank Limited (FCA.vx)

Share price: 4.97 US cents ▲ (0.10 | 2.05% – 25/10/24)

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