Farewell to one of Fishing’s Pioneers

Posted: 8 Jul 2016

One of the Namibia fishing industry’s stalwarts and pioneers, MD of Namsov, Jan Arnold, has decided to go on retirement. Arnold started working for Namsov in May 1996 as a vibrant young Financial Manager exactly 20 years ago. In October 1997, he became General Manager: Namsov Group Support Services and was subsequently appointed as the Managing Director of Namsov Fishing in March 2001. The skill and passion in which he steered the com

 

pany brought Namsov the success it enjoys today.

In a media release, Bidvest Namibia CEO, Sebby Kankondi expressed his gratitude for Arnold’s dedication and skillful management of the Namsov group adding that “these are qualities which are well imparted into the DNA of Namsov Fishing Enterprises. As a leader in not only the company and but also the in the fishing industry, he accomplished phenomenal growth and performance at all levels. For this the shareholders, the board, management and staff applaud his sound expertise,” he noted.

Kankondi said the company is facing some of its greatest opportunities and new frontiers. “What we have accomplished over the past decades is commendable, and I know we have the energy in us to continue and build on what Jan and his team had put in place. I am excited about our people, I am energized by our ability to change and grow and I look forward to the success which lies ahead,” he said.

Kankondi also thanked Arnold for what he termed “chartering the spirit of Namibianisation in Namsov and for pioneering the sharing of commercial value with Namibian communities. We applaud his immense contribution to Namsov’s huge social investment footprint in Namibia.”







Notice Board

Sens Timing of implemention of Bidvest Group Offer

Shareholders of Bidvest Namibia are referred to the circular to Bidvest Namibia Shareholders containing details of a conditional take-over by the Bidvest Group to Bidvest Namibia Shareholders, to acquire all remaining Bidvest shares not owned by the Bidvest Group by way of a take-over scheme (‘offer’). Subsequent to the acceptance of the Delisting Resolution by the requisite majority, the offer has been declared unconditional by the Bidvest Group  and has become effective, irrevocable an open for acceptance during the Acceptance Period.

Sens Results of General Meeting: Declaration of withdrawl

Further to the cautionary announcement released on the Stock Exchange News Service (“NENS”) of the Namibian Stock Exchange (“NSX”) on 12 December 2018, the subsequent renewal of the Cautionary Announcement released on NENS on 23 January 2019 and 1 March 2019 and the announcements released on NENS on 11 April 2019 and 25 April 2019.  Shareholders are hereby advised that the requisite majority of Bidvest Namibia shareholders eligible to vote, have approved the delisting. In terms of this passed resolution, the listing of all the Bidvest Namibia Shares of
Bidvest Namibia on the Main Board of the NSX be suspended and terminated with effect from 11 June 2019 or at such times and such dates as will be approved in accordance with the Bank of Namibia and by the NSX

Sens E&Y – Fair and Reasonable Opinion Supplementary Information

Further to the cautionary announcement released on the Stock Exchange News Service of the Namibian Stock Exchange on 25 April 2019 relating to the circular to shareholders, supplementary information relating to the sum of the parts valuation, culminating in the fair and reasonable valuation range of N$8.95 to N$9.45 as per the E&Y Fair and Reasonable opinion included in the circular, is available on the this website.

Sens Circular Notice to Shareholders

Further to the cautionary announcement released on the Stock Exchange News Service of the Namibian Stock Exchange on 12 December 2018, the subsequent renewal of the Cautionary Announcement released on NENS on 23 January 2019 and 1 March 2019 and the announcement released on NENS on 11 April 2019. A combined circular has been issued today by Bidvest Namibia Limited and the Bidvest Group to a conditional Take-over offer in terms of sections 320 – 327 of the Companies Act….





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