The offer for early redemption which was announced on 13 July 2021 closed on the 2nd of August 2021. The results of the offer were as follows:
| Description | Number Holders | Percentage of Holders | Number Debentures | Percentage of Debentures | Approximate ZWL value (ZWL billions) |
|---|---|---|---|---|---|
| Debenture Holders who opted for early redemption | 255 | 24.57% | 260,722,325 | 22.34% | 1.27 |
| Remaining Debenture Holders | 783 | 75.43% | 906,184,293 | 77.66% | 4.42 |
| Total | 1,038 | 100.00% | 1,166,906,618 | 100.00% | 5.69 |
All offers for early redemption have been accepted by the Company. Payment will be made in full on or before 30 September 2021. The amount to be paid falls within the threshold approved by the Reserve Bank of Zimbabwe.
By order of the Board
Econet Wireless Zimbabwe Limited
C.A. Banda
Group Company Secretary
