Special Advisory: Proven Investments Limited (PROVEN)

Date: October 08, 2019

Proven Investments Limited (PROVEN) has advised that the Board of Directors of the Company will convene a Board meeting on November 8, 2019. At this meeting, an interim dividend payment to ordinary shareholders of the Company will be considered.

PROVEN has also disclosed that its Offer for the sale of 68,627,460 ordinary shares in Access Financial Services Limited was fully subscribed. The Offer closed early and was completed at approximately 11:00 a.m. on Friday, September 27, 2019. PROVEN has further advised that resulting from the sale, PROVEN will recognize an exceptional gain in excess of Twenty Million US Dollars (USD$20M).

 

Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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