Building Confidence

Posted: 1 Oct 2018

The Pandula Trust showed their support to the Pebble Foundation’s drive to create more awareness of girl-child empowerment during a special function at the Tutaleni High School last week. One of the initiatives of this foundation is to restore dignity and build the confidence of girls by providing sanitary pads. According to Bridget Dundee, founder of the Pebble Foundation, women have always been expected to keep quite and know their place.

“The world is changing, and girls need to be able to speak up when required. Giving the girls sanitary pads goes a long way in building confidence. To many sanitary pads are cheap and easy to obtain. Yet you will be shocked to learn that many girls do not have access to these basic hygiene products. Menstruation is not a choice. As a girl you are born with it, so we believe handing out sanitary pads should be a human right,” she said to an assemble of school girls from the Tutaleni High School and the Duinesig Private High School. Dundee also revealed that through generous sponsorships since March this year the foundation had amassed enough hygiene products to supply to all the schools in the region for the next three months.

The Pandula Trust provided some N$2500 worth of sanitary pads to the cause. The day also included choir performance by the Duinesig School Choir and a motivational message by pop artist Ann Singer.




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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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