National Tyre Services Limited (NTS) has reminded shareholders that the voluntary termination of its listing on the Zimbabwe Stock Exchange (ZSE), which was approved at an EGM on November 19, 2025, has timelines within which it must be implemented.
Shareholders are expected to accept the offer between November 21 and December 12, 2025.
Delisting Date has been set at December 31, 2025.
Radun Investments (Private) Limited, the majority shareholder, has made an offer to acquire minority shares at USD 0.0248 per share.
Shareholders can accept the offer by submitting the Offer Acceptance Form and relevant documents to Corpserve Registrars (Pvt) Limited. Those who do not accept the offer will remain shareholders in an unlisted company.
National Tyre Services Limited (NTS) withdrew from the Zimbabwe Stock Exchange (ZSE), citing challenges in its operations, ongoing liquidity problems in the trading of its shares, and considerable expenses associated with maintaining its listing.
