Sundaymail Editor
Online Reporter
Quick service restaurants group Simbisa Holdings is set to move its listing from the Zimbabwe Stock Exchange (ZSE) to the United States dollar-denominated Victoria Falls Stock Exchange (VFEX).
This comes as the company’s board approved the transaction.
“The directors of Simbisa Brands Limited wish to advise all shareholders and the investing public that the board has approved the delisting of the company from the Zimbabwe Stock Exchange, immediately followed by its listing on the Victoria Falls Stock Exchange,” said the company in a statement.
The company said full details of the proposed transaction will be made public once all regulatory approvals have been finalised.
Bongani Ndlovu
Online Reporter