FMHL | Further Cautionary Announcement

March 16, 2020|

Further to the cautionary announcements published on 3 February and 24 February 2020, shareholders are advised that negotiations that involve a potential transaction at subsidiary level are still in progress which, if successfully concluded, may have a material effect on the price of the company’s securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company’s securities until a full announcement is made.

BY ORDER OF THE BOARD
16 March 2020

S F Lorimer
Company Secretary

Latest news and corporate announcements from First Mutual Properties Limited (FMP.zw).

First Mutual Properties, formerly known as Pearl Properties Limited, is a subsidiary of First Mutual Holdings. It is a real estate company with vested interests in the development and management of commercial properties in the major towns of Zimbabwe. First Mutual Properties has a significant property portfolio, comprising some 117 250 square metres of lettable space made up of office parks, retail shops, commercial and industrial property. It owns and manages 41 buildings in the major economic hubs of Zimbabwe, including high-rise commercial buildings, industrial and warehouse properties and retail outlets. First Mutual Properties also has a residential trading stock of two- and three-bedroomed garden flats in Avondale, Harare. First Mutual Properties is listed on the Zimbabwe Stock Exchange

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