The Board of Directors of PG Industries (Zimbabwe) Limited advises that all resolutions put to vote at the Extraordinary General Meeting and Scheme Meetings held on 15 September 2016 at Royal Harare Golf Club were passed with the requisite majority.
The Secondary Scheme of Arrangement was sanctioned by the High Court on 28 September 2016 and the Investor is in the process of obtaining regulatory approvals including Exchange Control, which are necessary to implement the Scheme.
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