Communiqué - Acquisition of SPICE Finance Ltd

Omnicane Head Office

The Board of Directors of Omnicane Limited (‘Omnicane’) wishes to inform its shareholders and the public in general that it has, on 16 April 2025, entered into an in-principle agreement with UIL Asset Finance Ltd for the acquisition of the entire shareholding of SPICE Finance Ltd (the ‘Transaction’).

The Transaction is subject to the satisfaction of certain conditions precedent amongst which obtaining the approval of the relevant authorities, including the Bank of Mauritius.

Introduction

The Omnicane Awards is an annual inter-college project competition organised by Omnicane Foundation in collaboration with the Ministry of Education and Human Resource. This year, the theme is centred around Mauritius facing unique challenges linked to limited arable land, vulnerability to climate change and food security as a SIDS, and on how can innovative solutions in quantum science and technology in the field of data analysis, crop improvement and sustainable resource management support our island in enhancing agricultural productivity while promoting sustainability and resilience.

Communiqué: Meridis FX Connect Limited (Meridis)

Communiqué Meridis FX Connect Limited (Meridis)

This is to inform the public that Meridis has submitted an application for a Payment Service Provider (PSP) Licence under the National Payment Systems Act.

The said application is still being processed by the Bank of Mauritius.

Meridis hereby clarifies that, at this point in time, it is not the holder of a PSP licence and accordingly is not entitled to offer digital virtual cards to corporates.

Omnicane Ltd - Declaration of Dividend

Omnicane Head Office

Notice is hereby given that a dividend of Rs 1.10 per share in respect of the financial year ending 31 December 2024 has been declared payable to shareholders of the Company registered at the close of business on 11 March 2025.

The Dividend will be paid on or about 27 March 2025 and the Company’s shares will be traded cum-dividend up to the market day of 06 March 2025 and ex-dividend on 07 March 2025.

By Order of the Board
Omnicane Management & Consultancy Limited
Managers and Secretaries

Date: 13 December 2024

Meridis and Mastercard enter into an agreement to develop and offer digital virtual card to corporates in Mauritius

Meridis and Mastercard signature of agreement

Meridis, a fully owned subsidiary of Omnicane, and Mastercard have, this Tuesday 3rd December 2024, signed a Customer Business Agreement in view of the setting up of a digital card payment solution destined to corporates. Such an agreement constitutes a premiere in the financial landscape of Mauritius.

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