Telecommunications Company Blue Label Telecoms Officially Adopts New Identity: Blu Label Unlimited Group
Blue Label Telecoms Limited, a well-established company on the Johannesburg Stock Exchange (JSE), is set to undergo a transformation as it changes its name to Blu Label Unlimited Group Limited. The special resolutions for the name change and amendment of Memorandum of Incorporation were approved by shareholders earlier this month and have since been accepted and filed by the Companies and Intellectual Property Commission (CIPC).
The new identity retains the company's established presence on the market while marking the continuation of its journey. From 3 September, Blu Label Unlimited Group Limited will trade on the JSE, with its long name changing to Blu Label Unlimited Group Limited. The company's short name will be updated to Blu from the same date.
The last day to trade under the name Blue Label Telecoms Limited will be Tuesday, 2 September. Dematerialised and certificated shareholders will see their accounts updated to reflect the new company name on Monday, 8 September.
Interestingly, the search results do not provide information about the CEO or the person leading the signature for the renaming of Blu Label Telecoms Limited to Blu Label Unlimited Group Limited. However, the rebranding for the company was finalized earlier this month, signifying a significant step forward in the company's evolution.
Shareholders approved the resolution to change the name and amend the Memorandum of Incorporation for Blue Label Telecoms Limited. The company's JSE trading will commence from 3 September under the new long name, and the share code (BLU) and ISIN (ZAE000109088) will remain the same. The record date for the name change is set for Friday, 5 September.
This rebranding is expected to bring a fresh perspective to the company, while maintaining its strong roots in the market. As Blue Label Telecoms Limited steps into its new identity as Blu Label Unlimited Group Limited, it looks forward to continuing its journey of growth and success.
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