Material Information Announcement – Hima Cement Sale
Material Information Announcement – Hima Cement Sale
Report Summary
Bamburi Cement PLC announces the successful completion of the sale of its 70% shareholding in Hima Cement Limited (Uganda) to Sarrai Group Limited and Rwimi Holdings Limited. This follows shareholder approval at a virtual meeting on December 14, 2023. As of March 5, 2024, Bamburi has fully divested its interest, and Hima Cement will no longer be reported as a subsidiary. This constitutes material information, and investors are urged to exercise caution when trading Bamburi's shares.