To view the PDF file, sign up for a MySharenet subscription.

ZEDA LIMITED - Broad Based Black Economic Empowerment (B-BBEE)

Release Date: 21/11/2023 13:16
Code(s): ZZD     PDF:  
Wrap Text
Broad Based Black Economic Empowerment (B-BBEE)

Zeda Limited
(Incorporated in the Republic of South Africa)
Registration number: 2022/493042/06
JSE share code: ZZD
ISIN: ZAE000315768
("Zeda" or the "Company")

Broad Based Black Economic Empowerment (B-BBEE)

Shareholders are advised that Zeda Limited ("Zeda") has completed its latest B-BBEE verification
process. Zeda has secured a B-BBEE certification Level 3 rating, while its operating subsidiaries
below retained their competitive B-BBEE certification Level 1 ratings:

    •   Zeda Car Leasing (Pty) Ltd, trading as Avis Fleet and
    •   Zenith Car Rental (Pty) Ltd, trading as Avis Rent a Car, Budget Rent a Car, and Avis Car

Zeda has reached its strategic goal of obtaining competitive B-BBEE ratings particularly for the
operating subsidiaries where B-BBEE provides a competitive edge. This accomplishment was attained
despite the reduction of black ownership credentials during the unbundling process from the former

In accordance with paragraph 16.21 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements,
notice is hereby given that the Company´s annual compliance certificate in terms of section 13G(2) of
the Companies Act, No 71 of 2008, has been published and is available on the Company´s website at

21 November 2023

Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 21-11-2023 01:16:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story