28 MARCH 2023

Further to the cautionary announcement dated 27 February 2023 advising of the Company's consideration to delist from the Zimbabwe Stock Exchange (ZSE), shareholders are advised that the preliminary processes of the delisting are still underway and as such the Company will issue a delisting circular with full details to shareholders in due course.

The full impact of the delisting and recapitalization, which process is still ongoing, is still being determined and, if successful, may have a material effect on the price of the securities.

Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities.

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