OK Zimbabwe Raises US$20m in Fully Subscribed Rights Offer

OK Zimbabwe raises US$20m in fully subscribed rights offer

Retail giant OK Zimbabwe Limited has successfully raised US$20 million through its renounceable rights offer, which closed on 4 August 2025.   The offer was fully subscribed, with 76.94% of shares taken up by shareholders and the remaining 23.06% by underwriters. Proceeds will go towards settling legacy debts, supporting working capital, funding capital expenditure, and […] The post OK Zimbabwe raises US$20m in fully subscribed rights offer appe…

OK Zimbabwe secures US$20M in rights offer, bolstering future plans – Nehanda Radio

HARARE - Zimbabwe Stock Exchange listed retail giant OK Zimbabwe Limited has successfully raised US$20 million from its renounceable rights offer, achieving a 100% subscription rate. The post OK Zimbabwe secures US$20M in rights offer, bolstering future plans appeared first on Nehanda Radio.