Letshego Holdings Limited (“LHL” I “the Group” I “Letshego”) was incorporated in 1998, is headquartered in Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE) since 2002. Letshego is an inclusive finance focused Group with microfinance banking and consumer lending subsidiaries across eleven countries in sub-Saharan Africa.
DEALINGS IN SECURITIES BY A DIRECTOR / ASSOCIATE OF DIRECTORS
In line with the Botswana Stock Exchange Equity Listing Requirements, Letshego Holdings Limited hereby announces a transaction involving a Director/Shareholder.
ADP I Holding 2 has decreased its shareholding from 8.42% to 3.75% of the ordinary issued shares of the Company. The sale of shares by ADP I Holdings 2 is in line with their investment mandate having passed its fund duration.
The relevant details are as follows:
| Director Involved | Runa Alam and her Alternate Takudzwa Mutasa |
| Company Name | ADP I Holdings 2 |
| Class of securities | Ordinary shares |
| Date of transaction | 23 March 2022 |
| Share price | BWP 1.80 |
| Number of shares | 100, 000, 000 |
| Total transaction value | BWP180,000,000 |
| Nature of transaction | On-market sale of shares by ADP I Holdings 2 |
| Nature of interest | Beneficial, Indirectly |
RESIGNATION OF DIRECTORS
Runa Alam, a Non-Executive Director in the Letshego Holdings Limited Board has consequently resigned from the Board of Directors. Takudzwa Mutasa who was Runa Alam’s Alternate Director has also resigned from the Board of Directors of Letshego Holdings Limited with immediate effect.
By order of the Board
24 March 2022
ENOS BANDA
Group Board Chairman
ANDREW F OKAI
Group Chief Executive
