On June 26, Labat Africa issued a further SENS notice informing shareholders that it has received widespread support for the capital raise. Additionally, it announced that Labat had entered into a share subscription agreement with Verityhurst Limited, a private equity and venture capital investor, in terms of which Verityhurst has agreed to subscribe for up to 70-million ordinary shares in Labat for $50-million in cash.
Guest: Mr. Brian Van Rooyen - CEO, Labat Africa
Guest:Dr Mandla Lamba - CEO, Verityhurst Academy