Wilderness hands parting P39m gift to investors

After nine years on the exchange, the tourism giant is due to delist later this month after the majority of shareholders approved a takeover bid led by CEO, Keith Vincent and backed by fund managers.  Wilderness, which is active in markets as far as Rwanda, is widely perceived to control the high end of the Okavango Delta’s luxury hospitality market.

According to its recent financials for the year ended February 28, 2019, Wilderness’ shareholders will receive a parting gift of 16.5 thebe per share, before the company goes private.