·         Notice to Shareholders: Edgars; FCA; NMBZ; FBCH

·         FY Financial Results: BAT

·         Issue of Shares: Caledonia

·         Notice to Bondholders and the Investing Public: Karo Mining

Harare - Notice to Shareholders: Edgars; FCA; NMBZ; FBCH

Edgars issued an announcement to Shareholders and other stakeholders about the unanticipated delays in the finalization of the audit process which has necessitated a move to defer the publication of the full year financial statements to on or before the 8th of May, 2023.

First Capital Bank also announced a notice about an Extraordinary General Meeting to be held virtually at 1530 on Thursday, 04 May 2023. Shareholders are asked to complete and return the attached form of proxy in accordance with the instructions printed thereon as soon as possible, but not later than 1530, on Tuesday, 02 May 2023.

NMBZ Holdings Ltd is set to hold its 28th Annual General Meeting at the NMB Bank Limited Head Office, 19207 Liberation Legacy Way, Harare on Wednesday, the 17th of May, 2023 at 1500. The Board of Directors of NMBZ declared a final dividend of ZWL284 cents per share for the year ended 31 December 2022. This dividend will be payable in full to all Shareholders of the Company registered at the close of business on 28 April 2023. The payment of the dividend will take place on or about 26 May 2023.

Peer banking stock, FBC, declared a final dividend of 297,64 ZWL cents per share on 671 949 927 ordinary shares in issue on 31 March 2023 as reflected in our audited Financial Results for the year ended 31 December 2022, published on 31 March 2023. The dividend is in respect of the year ended 31 December 2022. The dividend will be payable to shareholders registered in the books of the Company at close of business on Friday, 14 April 2023. The payment of dividend will take place on or about 28 April 2023.

FY Financial Results: BAT

In the full fiscal year to 31 December 2022, BAT recorded a decline in volumes from 1,130 million sticks in the prior year to 1,054 million sticks in the year under review. The decline in volumes was attributed to low liquidity in the economy which strained overall demand. Separately, export volumes of cut-rag tobacco declined by 43% during the period under review compared to prior year as a result of decreased export market demand. BAT recorded a 50% surge in inflation adjusted revenue to ZWL24.3 billion. The growth was driven by price reviews and revenue generated from cut-rag tobacco and leaf export sales.

Issue of Shares: Caledonia

Caledonia Mining Corporation Plc announces the issue of a further 1,814 shares in relation to the Zimbabwe Placing. The Company announced on April 11, 2023 that the Zimbabwe Placing had raised approximately US$5.825 million before expenses with a total of 423,951 ZDRs having been placed at the Placing Price of $13.74 each. Together with the 781,749 Placing Shares that were admitted to trading on AIM on March 30, 2023, a total of 1,205,700 common shares had therefore been placed in the form of depositary interests and ZDRs and the Fundraise had raised in total approximately US$16.566 million before expenses.

Notice to Bondholders and the Investing Public: Karo Mining

Karo Mining Holdings Plc issued an announcement to bondholders and the investing public that the Bond Offer Period has now closed. Following the aforementioned issuance, US$36.8 million was raised. As previously announced, all proceeds from the Bond will be applied to part fund the Karo Platinum Project – a development stage, low-cost, open-pit platinum group metals asset, located on the Great Dyke in the Republic of Zimbabwe.

Equity Axis News