ZIMR.zw | Withdrawal of Cautionary Statement

Published: 16 October 2017

The Board of Directors of ZimRe Holdings Limited "ZHL" wishes to advise shareholders and the investing public that negotiations over the disposal of certain assets held by the Company referred to in the Cautionary Statement first published on the 16th of August 2017, have been curtailed by the ongoing market developments. The Board has mutually terminated the negotiations with the parties involved. The Company will consider other funding alternatives, to pursue its strategic opportunities.

Accordingly shareholders and the investing public are advised to take note of the withdrawal of the Cautionary Statement.
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