Stimulus Investments extends preference share redemption date to 2032
Stimulus Investments Limited has extended the redemption date of its 2011 Preference Shares from October 28, 2026, to February 27, 2032. The company's directors concluded this decision is in the interest of both the company and its investors, allowing for a prolonged period before the preference shares are redeemed.
The extension received unanimous approval at special general meetings held on April 16, 2025. Both ordinary shareholders and preference shareholders present in person or by proxy voted 100% in favor of resolutions supporting the proposed extension. Regulatory approval was subsequently granted by the registrar on September 3, 2025, in accordance with the provisions of Regulation 21 (2) (b) of the Pension Funds Act.
The company's NSX share code is SILP and its ISIN is NA00A1JN0Z7. Cirrus Securities (Pty) Ltd, a member of the Namibia Securities Exchange, is the sponsor for Stimulus Investments Limited.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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