Zimbabwe Stock Exchange Holdings has published its pre-listing statement for self-listing on the Zimbabwe Stock Exchange Main Board. The company will list all 102,717,520 ordinary shares through introduction. The board approved this decision on September 13, 2024. Shareholders later approved the reconstruction scheme on October 8, 2024. This move aims to unlock shareholder value and improve corporate governance.
The self-listing will enhance access to capital markets for both ZSE and VFEX. Brand visibility will increase for both exchanges through this public offering. The listing creates transparency through required public reporting obligations. ZSE Limited operates as a licensed securities exchange with multiple asset classes. The platform offers equities, exchange-traded funds, depository receipts, real estate investment trusts and fixed-income securities.
VFEX operates exclusively with US dollar trading since its launch on October 23, 2020. The exchange was incorporated on July 30, 2020 as a wholly subsidiary of ZSE Limited. Zimbabwe established VFEX to attract global capital investment. The entity became a participant of the Victoria Falls International Financial Services Centre on March 28, 2025. Each exchange operates under separate licenses and cannot merge operations.
ZSE Holdings needed shareholder approval for the reconstruction scheme to transfer shareholding from both exchanges. The holding company structure allows VFEX and ZSE Limited to continue independent operations. ZSE Holdings will serve as the parent company for both investment entities. The company conducted a private placement to 700 additional shareholders to meet listing requirements. This share issuance creates no Capital Gains Tax impact since no sale or disposal occurred.
The self-listing will enhance access to capital markets for both ZSE and VFEX. Brand visibility will increase for both exchanges through this public offering. The listing creates transparency through required public reporting obligations. ZSE Limited operates as a licensed securities exchange with multiple asset classes. The platform offers equities, exchange-traded funds, depository receipts, real estate investment trusts and fixed-income securities.
VFEX operates exclusively with US dollar trading since its launch on October 23, 2020. The exchange was incorporated on July 30, 2020 as a wholly subsidiary of ZSE Limited. Zimbabwe established VFEX to attract global capital investment. The entity became a participant of the Victoria Falls International Financial Services Centre on March 28, 2025. Each exchange operates under separate licenses and cannot merge operations.
ZSE Holdings needed shareholder approval for the reconstruction scheme to transfer shareholding from both exchanges. The holding company structure allows VFEX and ZSE Limited to continue independent operations. ZSE Holdings will serve as the parent company for both investment entities. The company conducted a private placement to 700 additional shareholders to meet listing requirements. This share issuance creates no Capital Gains Tax impact since no sale or disposal occurred.
