WitrynaIan Shepherd is on Facebook. Join Facebook to connect with Ian Shepherd and others you may know. Facebook gives people the power to share and makes the world more open and connected. WitrynaAt Imvula recruitment our mission is to deliver, learn and understand our clients unique needs and the external factors affecting them so that we can aggressively and …

Imvula Education acquires 23% of Ellies in empowerment deal

Witryna18 maj 2024 · “3. Ellies Holdings concluded a B-BBEE agreement with Imvula Education Empowerment Fund Trust valued at R18,5m. Imvula subscribed to ~185m ordinary shares in Ellies at 10 cents per share, resulting in a BEE shareholding in Ellies Holdings of 23%.” Witryna8 lip 2024 · The Ellies share price jumped by 50% after concluding a Broad-Based Black Economic Empowerment (B-BBEE) agreement with Imvula Education Empowerment Fund Trust, valued at R18.5 million. hills road term times

ELLIES POPS AFTER BEE DEAL

Witryna18 maj 2024 · “Imvula agreed to transaction terms that are favourable to Ellies such as: a 10-year lock-in period Imvula funding the R18.5m from its own sources with no funding (vendor financing) assistance being required from Ellies. Imvula is now the biggest shareholder with a 23% sharing.” Witryna15 sie 2024 · ALISTAIR ANDERSONThe Imvula Education Empowerment Fund Trust, an organisation set up by social entrepreneur Taddy Blecher to provide talented but historically disadvantaged youth access to education and employment opportunities, has bought a 23% interest in consumer electronics group Ellies Holdings for R18.5m. Witrynaagreement with Imvula Education Empowerment Fund Trust (“Imvula”), a Broad-Based Black Economic Empowerment partner, in terms of which Ellies will issue and Imvula will subscribe for 185 242 070 new ordinary shares of no par value (“Subscription Shares”) to Imvula, subject to the fulfilment of the smart goals for hypertension