·         Cautionary Statement: CBZ; ZBFH

·         Press Release: Caledonia

·         Financial Results: Mashhold

Harare - Cautionary Statement: CBZ; ZBFH

Pursuant to ten previous statements, CBZ Holdings Limited issued a further Cautionary Statement on the 5th of September, 2023, advising all shareholders and the investing public that the Company is still engaged in negotiations for a potential acquisition of a complimentary business. If successful, the acquisition may have a material impact on the value of the Company’s securities and thus shareholders are advised to exercise caution.

ZB Financial Holdings also issued a Cautionary Statement on the 13th of September 2023, further to ten previous statements, advising shareholders that negotiations with one of the shareholders are still on-going for a potential acquisition of a control block of securities, which if successfully concluded, may have a material effect on the Company’s securities price.

RTG Group Limited issued a Cautionary Statement Renewal, pursuant to three previous statements, advising all shareholders and the investing public that the Company remains engaged in negotiations for an acquisition of a complimentary business to the Company’s operations. The transaction, if successful, may have a material effect on the price of the Company’s securities.

Press Release: Caledonia

Caledonia Mining Corporation Plc announced that on 12 September, 2023, Mr. Johan Holtzhausen, a Non-Executive Director of the Company, had purchased 1,200 depositary interests of the Company, representing the same number of common shares of no-par value in the Company. Following this transaction, Mr. Holtzhausen has an interest in 23,250 shares in the Company representing a circa 0.12% of the issued share capital of Caledonia.

Financial Results: Mashhold

In the 6-months to 30 June, 2023, Mashonaland Holdings Limited (Mashhold) recorded a 150% surge in inflation adjusted revenue to ZWL8.7 billion, owing to a 115% improvement in rental income among other drivers. Due to increased use of foreign currency in the economy during the period, Mashhold earned 74% of its rental income in foreign currency, up from 35% in the corresponding period last year.

The portfolio occupancy level rose from 83% in June 2022 to 87% in the period under review, buttressing the increase in revenue. Mashhold said it earned a revenue of ZWL1.2 billion from the Mashview Gardens housing project as the project reached the practical completion stage. Due to a strong revenue growth, operating profit notched up 781% to ZWL34.6 billion while profit after tax increased from ZWL7.7 billion last year to ZWL236.4 billion. Notably, investment properties registered a 117% growth in capital gains.

Mashhold alluded that it completed all the pre-construction works for the Pomona Commercial Centre, and has secured the anchor tenant while 60% of the development has been successfully pre-leased. The Milton Park Day Hospital Project is also said to be 90% complete while the Mashview Gardens cluster housing project is substantially complete.

The Group declared an interim dividend of 0.00761 US cents and ZWL0.1535 per share.

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