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[QUOTE="Queen, post: 87631, member: 27"]
A US$0.50 per share exit window is live after nearly 95% of voting shareholders greenlit Econet's breakup and ZSE departure.

Econet's exit offer mechanics
[LIST]
[*]Econet Wireless Zimbabwe opened the offer at US$0.50 per share.
[*]Each share gets US$0.17 cash and one InfraCo share worth US$0.33.
[*]Shareholders can't cherry-pick between cash-only or shares-only options.
[*]March 9 is the hard deadline before elections lock in.
[/LIST]
Delisting and InfraCo listing timeline
[LIST]
[*]Econet Infrastructure Company Limited will list on the VFEX on March 31.
[*]Econet's ZSE delisting lands on that exact same day.
[*]Missing the election window means you're stuck holding post-delist shares.
[*]Telecom ops get carved away from real estate and tower assets.
[/LIST]
Shareholder vote breakdown
[LIST]
[*]Roughly 94.72% of issued capital showed up at the EGM.
[*]Voluntary delisting passed with about 94.95% approval.
[*]Exit offer support clocked in at around 96.59% of voters.
[*]Articles of Association tweaks cleared with over 97% backing.
[/LIST]
Market reaction after the vote
[LIST]
[*]Econet's market cap dipped roughly US$13.79 million overnight.
[*]Valuation slid from US$1.05 billion to about US$1.04 billion.
[*]That works out to a roughly 1.3% decline post-vote.
[*]Victoria Falls Stock Exchange becomes InfraCo's new trading home.
[/LIST]
[/QUOTE]

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