TSL Limited has secured shareholder approval to voluntarily delist from the Zimbabwe Stock Exchange and list on the Victoria Falls Stock Exchange, marking a decisive step in the company’s capital markets strategy.
At an Extraordinary General Meeting (EGM) held on Friday, 19 June 2026, shareholders representing 76.4% of the company’s registered shareholding were present in person or by proxy. Voting was conducted by a show of hands, and every participating member supported all the resolutions set out in the Notice of EGM.
The four resolutions were passed without dissent, with 278,474,285 shares voted in favour and none against. Shareholders first approved a special resolution for the voluntary delisting of TSL’s shares from the Main Board of the ZSE. They then sanctioned the company’s listing on the Victoria Falls Stock Exchange, confirming that the VFEX listing will carry all the rights, privileges, and conditions attached to the ordinary shares as currently approved by the ZSE. Finally, the meeting authorised the Board of Directors to take all necessary actions, sign required documents, and implement the steps needed to give effect to those decisions.
With the mandate now secured, the Board can proceed with the regulatory processes and filings required to complete the delisting from the ZSE and effect the migration to the USD-denominated VFEX.
