FMHL | Results of the Renounceable Offer

October 11, 2017|

Shareholders are advised that the results of the Rights offer made to members who were registered in the books of the company as at the close of business on 8 September 2017 that closed on 6 October 2017 are as follows:

	Shares	Amount	Percentage Response
Rights Offer Subcriptions	124,387,314	11,675,759.78	67.68%
Underwriters’ Portion	67,984,081	5,574,694.61	32.32%
TOTAL RIGHTS OFFER SHARES	210,371,395	17,250,454.39	100.00%

The Rights Offer shares will be issued and listed on the Zimbabwe Stock Exchange with effect from Friday, 13 October 2017.

The Board of Directors and Management of First Mutual Holdings Limited take this opportunity to express their appreciation to shareholders, the underwriters and other stakeholders for their valued support.

BY ORDER OF THE BOARD

Sheila F Lorimer (Mrs)
Group Company Secretary
11 October 2017

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Latest news and corporate announcements from First Mutual Holdings Limited (FMHL.zw).

The Group has more than a hundred years of serving Zimbabwe by provision of economic dignity though its strategic business units. We have diverse interests in life assurance, health insurance, short term insurance; short term re-insurance; long term re-insurance; wealth management, property sector, funeral services and microfinance housed under the following subsidiaries; First Mutual Life, First Mutual Health, NicozDiamond Insurance, First Mutual Reinsurance, FMRE Property & Casualty (Botswana), First Mutual Wealth Management, First Mutual Properties, First Mutual Funeral Services and First Mutual Microfinance. First Mutual Holdings Limited is listed on the Zimbabwe Stock Exchange.

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