{"id":41869,"date":"2021-06-13T19:17:32","date_gmt":"2021-06-13T17:17:32","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/?p=41869"},"modified":"2021-06-13T18:03:48","modified_gmt":"2021-06-13T16:03:48","slug":"padenga-plans-victoria-falls-stock-exchange-listing","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/padenga-plans-victoria-falls-stock-exchange-listing","title":{"rendered":"Padenga Plans Victoria Falls Stock Exchange Listing"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/zimbabwe\">Zimbabwe<\/a>. <\/strong><\/span>Padenga Holdings Limited plans to move its listing from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX), to raise capital in foreign currency for expansion.<\/p>\n<p>The Crocodile breeder will seek shareholders\u2019 approval at an extraordinary general meeting to be held on 2 July 2021.<\/p>\n<p>According to a statement on Friday, Padenga will voluntarily terminate its listing on the ZSE in terms of Section 11 of the Listing Requirements of the ZSE and re-list on VFEX. The statement read:<\/p>\n<p>The board of directors considered the termination of Padenga\u2019s ZSE listing, with the intent to re-list the company\u2019s shares onto the VFEX by way of introduction.<\/p>\n<p>The migration of the listing from ZSE to VFEX is driven by the need to benefit from the incentives articled by the Minister of Finance and Economic Development and has not been initiated by any shareholder per se and will not prejudice minorities.<\/p>\n<p>The VFEX was launched in October 2020 and so far has a single listing Seed Co.<\/p>\n<p>It offers incentives such as tax breaks and assures the unfettered repatriation of funds from the country, where foreign exchange is in short supply.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zimbabwe. Padenga Holdings Limited plans to move its listing from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX), to raise capital in foreign currency for expansion. The Crocodile breeder will seek shareholders\u2019 approval at an extraordinary general meeting to be held on 2 July 2021. According to a statement [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":41868,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,35,15],"tags":[1493,2189,5105,5104,5107,5106,19],"class_list":{"0":"post-41869","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-community","9":"category-homepage-english","10":"category-twitter","11":"tag-africa-press","12":"tag-africa-press-zimbabwe-2","13":"tag-padenga","14":"tag-padenga-holdings-limited","15":"tag-vfex","16":"tag-victoria-falls-stock-exchange","17":"tag-zimbabwe"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Padenga Plans Victoria Falls Stock Exchange Listing - zimbabwe<\/title>\n<meta name=\"description\" content=\"Padenga Holdings Limited plans to move its listing from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Ex ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/padenga-plans-victoria-falls-stock-exchange-listing\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Padenga Plans Victoria Falls Stock Exchange Listing\" \/>\n<meta property=\"og:description\" content=\"Padenga Holdings Limited plans to move its listing from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Ex ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/padenga-plans-victoria-falls-stock-exchange-listing\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-13T17:17:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-13T16:03:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/06\/img-60c62c443f15d.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/padenga-plans-victoria-falls-stock-exchange-listing\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/padenga-plans-victoria-falls-stock-exchange-listing\",\"name\":\"Padenga Plans Victoria Falls Stock Exchange Listing - 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