TSL Limited says progress is being made on regulatory and other requirements linked to its planned transition from the Zimbabwe Stock Exchange to the Victoria Falls Stock Exchange, according to a further cautionary statement issued by the company.
The listed logistics and agricultural services group, incorporated in Zimbabwe on 29 August 1997 (registration number 18077/97), provided the update following an earlier cautionary statement issued on 23 April 2025 regarding the proposed transaction.
In its latest notice, the company said: “Further to the Company’s Cautionary statement published on 23 April 2025 regarding the Board of the directors of TSL Limited (“the Company”) from the Zimbabwe Stock Exchange, immediately following by listing on The Victoria Falls Stock Exchange (“the Transaction”), the Board wishes to advise all Shareholders and the investing public, that progress is being made on the regulatory and other matters relating to the Transaction.”
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TSL Limited added that shareholders will be kept informed once all required approvals have been concluded.
“Further details of the Transaction will be provided to Shareholders once all regulatory processes have been finalised,” the statement read.
The company also urged investors to remain cautious while the process is ongoing, noting uncertainty as approvals and regulatory engagements continue.
“Shareholders are advised to continue to exercise caution and consult their professional advisors when dealing in the Company’s shares,” the notice said.
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