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Old Mutual Ltd - Anglo-South African financial services firm - Intends to proceed with the transfer of its secondary listing in Zimbabwe to the Victoria Falls Stock Exchange or VFEX from the Zimbabwe Stock Exchange or ZSE. Says the migration is subject to regulatory approvals. Notes that the move will benefit its Zimbabwean shareholders as its shares have been suspended since 2020 on the ZSE. Old Mutual says the VFEX has developed sufficient scale and liquidity as a viable alternative trading platform to the ZSE. The listing relocation comes after the Zimbabwean government in June 2020 issued a directive to suspended trading on the ZSE to address an implied exchange rate and other market instabilities cited at the time, Old Mutual says. Though trading on the ZSE resumed in August 2020, Old Mutual was among the shares that remained suspended. Says it was not responsible for the ongoing suspension. Current stock price in London: 60.38 pence, up 0.3% on Friday 12-month change: up 23% Current stock price in Johannesburg: R 13.20, up 0.7% 12-month change: up 12% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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