Manica Group Namibia recently helped saved the day for a stranded African Penguin that needed a lift to Lüderitz. The penguin, named Daisy was found stranded near Swakopmund in a bad state. She was under-nourished and covered in oil. The Halfway-house for Penguins in Swakopmund cleaned her up to get rid of all the oil and fed her until she regained her strength for release. However, the penguin need to be taken back to the nearest Penguin colony in Lüderitz. With a planned visit to Lüderitz by one of Manica’s managers, Daisy was added to the passenger flight list.
Although she hated the box she was transported in, and tried to climb through the handle-hole a couple of times during the flight, she was more than overjoyed to be on solid ground in Lüderitz. She was released safely in Guano Bay at the point closest to Halifax Island. After getting her GPS bearings and realising this was Lüderitz she made a quick swan dive into the sea.
The shareholders of Bidvest Namibia are informed that on 10 April 2019, Bidvest Namibia received a Binding Conditional Offer (“”Offer”) from Bidvest Group, the majority shareholder of Bidvest Namibia, to acquire all of the shares held by the minority shareholders in Bidvest Namibia (“Bidvest Namibia Shareholders”) at 10.50 per share, which Offer will be subject to inter alia the successful passing of the De-listing Resolution as set out in the conditions, together with the take-over statement and Offer amounts to a takeover scheme.
Shareholders of Bidvest Namibia are informed that Bidvest Namibia has received a intended binding offer from Bidvest Group, the majority shareholder of Bidvest Namibia, in terms of which Bidvest Group intends to make an offer to acquire all of the outstanding ordinary shares in Bidvest Namibia not currently held by Bidvest Group, by way of a take-over scheme. The amount offered in terms of the Intended Conditional Offer is a cash only consideration of N$10.50 per Offer Share, subject to the successful passing of the De-listing Resolution as set out in paragraph 2 below.
Investors are referred to the NENS announcement released on August 31, 2018 relating to the finalization announcement of the sale by Bidvest Namibia of the entire issued capital of Bidvest Fisheries Holdings to Tuncar Fisheries. The results of Bidfish have been presented as discontinued.
Further to the cautionary announcement dated December 12, 2018, shareholders are advised that the Company has entered into discussions, which if successfully concluded, may have a
material effect on the price of the Company´s securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in Bidvest Namibia´s securities until a final announcement is made.