Shareholders and members of the investing public are advised that the Company has entered into negotiations with its subsidiaries for a Potential Transaction the full impact of which is currently being determined and which may have a material effect on the price of the company’s securities.

The potential transaction is geared towards enhancing the capital position within the banking subsidiary of the group. Accordingly, shareholders and members of the investing public are advised to exercise caution when dealing in the company’s securities until a full announcement is made.

By order of the Board,

T.F.A Masiiwa
Company Secretary

15 February 2022

ZB Financial Holdings Limited
21 Natal Road, Avondale, Harare, Zimbabwe