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.
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.
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….
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.