Barloworld Khula Sizwe B-BBEE share scheme
Barloworld’s Khula Sizwe Black Public Offer closed on 31 May 2019.
The offer was oversubscribed, with over 50 000 applications received and the R164 million funding target has been raised.
Applicants will be notified of the number of shares allocated to them and refunds for those shares applied for but not allocated will be processed by 31 August 2019. Shares will be allocated as per the guidelines set out in the Khula Sizwe prospectus.
|Khula Sizwe Shares allocated||by no later than||Wednesday||31 July 2019|
|Sending Khula Sizwe Share confirmations and processing of refunds||by no later than||Friday||30 August 2019|
The B-BBEE transaction provides Barloworld with the unique opportunity of aligning the objectives and prospects of our employees and shareholders with that of leaving a lasting legacy of contributing to poverty alleviation, education, youth development and advocacy through the Barloworld Foundation Trust.
For more information visit www.barloworldkhulasizwe.com