March 2017

FWA Financial Limited (“FWA”) Completes Take Over of Imara Holdings Limited (“Imara”) to Drive Profitability

March 1st, 2017|

Imara, one of Africa’s leading Asset Management and Advisory groups, is delighted to announce that its suite of products and services, and the teams that run them, have been endorsed by a small consortium of sophisticated private investors. This follows the successful acquisition of 90% of Imara’s total issued share capital by FWA, the investors’ [...]

February 2017

IMARA | Circular to Shareholders (Results of EGM)

February 28th, 2017|

Purpose of Circular The purpose of this Circular is to report to Shareholders on the results of the Extraordinary General Meeting, (“EGM”), of the Company held on Friday, 24 February 2017. Attendance 96.61% of shareholders were present at the EGM either in person or by proxy. Voting Results The following ordinary resolutions were approved and [...]

IMARA | Notice of special dividend

February 9th, 2017|

Notice is hereby given that the Board of Directors of Imara Holdings Limited have declared a gross special dividend of 50 thebe per ordinary share, in respect of the 59 494 301 shares in issue and listed on the Venture Capital Board of the Botswana Stock Exchange, and resulting in a total dividend payment of [...]

IMARA | Notice of Extraordinary General Meeting

February 9th, 2017|

Notice is hereby given that an Extraordinary General Meeting of members of the Company will be held at the offices of Imara Holdings Limited, Unit 6, Morojwa Mews, Plot 74770, Western Commercial Road, New Central Business District, Gaborone, at 8.30 a.m. on 24 February 2017 for the purpose of considering, and if deemed fit, passing [...]

December 2016

IMARA | Un-audited Group results for the six months ended 31 October 2016

December 12th, 2016|

The Directors of Imara Holdings Limited have the pleasure in announcing the un-audited consolidated financial results of the Group for the six months ended 31 October 2016. Commentary excerpts Imara Holdings Limited (“IHL”) incurred an after-tax loss for the first half ended 31 October 2016 attributable to equity holders of the parent of P10.54 million, [...]

IMARA | Offer by FWA to acquire Imara and offeree response circular by the Independent Board

December 12th, 2016|

Shareholders are referred to the Offeree Response Circular issued by the Independent Board of Imara to Shareholders, dated 14 November 2016, (“the Circular”) and in particular the statement in clause 3.4.5 of the Circular that, “Mrs Ann Mackeurtan, a non-executive director, who indirectly holds 2 623 124 shares, has indicated that she will not be [...]

November 2016

IMARA | Trading Statement – Six months ended 31 October 2016

November 24th, 2016|

In accordance with the rules of the Botswana Stock Exchange, shareholders are advised that Imara Holdings Limited (“Imara” or the “Group”) has continued to encounter difficult trading conditions in the sub-Saharan markets in which it is active. African economies generally, have been affected by weak commodity prices, declines in currency values versus the US Dollar [...]

Imara Independent Board – Offeree Response Circular

November 15th, 2016|

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION The definitions and interpretation provisions commencing on page 11 of this Circular apply, mutatis mutandis, to this cover page. If you are in any doubt as to the action you should take, please consult your accountant, attorney, banker, stockbroker or other professional advisor immediately. If you [...]

IMARA | FWA Financial Limited Circular

November 3rd, 2016|

This Circular has been prepared for the purposes of complying with the Botswana Stock Exchange Listing Requirements and the Takeover Regulations incorporated by reference in terms thereof and, accordingly, the information disclosed may not be the same as that which would have been disclosed had this Circular been prepared in accordance with the laws and [...]