FMHL | Cautionary Announcement

February 3, 2020|

Shareholders are advised that First Mutual Holdings Limited has entered into negotiations that involve a potential transaction at subsidiary level which, if successfully concluded, may have a material impact on the price of the Company’s securities.

The Directors therefore advise the shareholders of First Mutual Holdings Limited and the public to exercise caution and to consult their professional advisors when dealing in the shares of the Company until a full announcement is made.

BY ORDER OF THE BOARD

31 January 2020

S F Lorimer
Company Secretary

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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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