Announcement of the results of voting at the Extraordinary General Meeting of Shareholders of First Mutual Properties Limited (“the Company”) held at 1000hrs on Tuesday, 2 June 2026.
The Extraordinary General Meeting was convened to consider and approve resolutions relating to:
1. The voluntary termination of the listing of the Company’s ordinary shares from the Main Board of the Zimbabwe Stock Exchange in terms of section 11 of the Zimbabwe Stock Exchange Listings Requirements;
2. Authorising the Company to implement the Offer by First Mutual Holdings Limited and/or the Underwriter to the Minority Shareholders of First Mutual Properties Limited for a consideration of US$0.033 per ordinary share payable in United States Dollars only, on the terms and conditions set out in the Circular;
3. Amending the Articles of Association of the Company to delete any reference to the “Zimbabwe Stock Exchange” therein, specifically all or part of Articles 3(3), 28(8), 41(2), 43(2), 43(3), 43(8), 70(4), 80(6)(d) and 82(2); and
4. Authorising the directors to do any and all such things as may be necessary to give effect to the above resolutions.
Shareholders are advised that all resolutions put to the vote at the Extraordinary General Meeting of Shareholders of First Mutual Properties Limited held on Tuesday, 2 June 2026 were passed as tabulated below:
| RESOLUTIONS | RESULT | |
|---|---|---|
| 1 | SPECIAL RESOLUTION 1
TERMINATION OF THE LISTING OF FIRST MUTUAL PROPERTIES LIMITED |
Passed
Shares for: 100% |
| 2 | SPECIAL RESOLUTION 2
OFFER BY FIRST MUTUAL HOLDINGS LIMITED TO MINORITY |
Passed
Shares for: 100% |
| 3 | SPECIAL RESOLUTION 3
AMENDMENT OF THE ARTICLES OF ASSOCIATION OF THE COMPANY |
Passed
Shares for: 100% |
| 4 | ORDINARY RESOLUTION 4
AUTHORISATION OF DIRECTORS TO GIVE EFFECT TO THE RESOLUTIONS |
Passed
Shares for: 100% |
By order of the Board
Dulcie Kandwe
Company Secretary
3 June 2026
