03 · Corporate Broking

Our Corporate Broking Transactions

A track record spanning three decades — selected completed transactions.

RioZim LimitedRIOZ.ZW

Rights Offer — Circular to Shareholders

Jan 2015 · Sponsoring Broker — Renounceable rights offer of 66,666,667 shares at US$0.15/share. Co-advisors: GEM (Underwriter), R. Anand (Lead FA), Deloitte (IFA), EY, Gill Godlonton & Gerrans.
ART Holdings LimitedARTD.ZW

Mandatory Offer to Shareholders

Mar 2015 · FA + Sponsoring Broker — Mandatory offer by Silvermine, Cranbal & Zadmab for all ART minority shares at US$0.006/share. Co-advisors: Grant Thornton (IFA), EY, Wintertons, Corpserve.
Meikles LimitedMEIL.ZW

Disposal of Meikles Hotel — US$20m

Nov 2019 · Sponsoring Broker — Disposal of Harare Meikles Hotel. Co-advisors: Corporate Excellence (FA), KPMG (IFA), Deloitte, ZB Transfer Sec., Knight Frank.
Dairibord HoldingsDZL.ZW

Strategic Alliance & Share Subscription

Jan 2020 · Sponsoring Broker — Strategic alliance between Dairibord Holdings and Tavistock Estate Private Limited. IFA: ZB Capital.
Tanganda / MeiklesTANG.ZW

Demerger — Tanganda from Meikles

Oct 2021 · Sponsoring Broker — Demerger of Tanganda Tea from Meikles by dividend in specie, incorporating revised listing statement. FA: Imara, Deloitte, EY.
Tanganda Tea CompanyTANG.ZW

ZSE Listing by Introduction

Oct 2021 · Sponsoring Broker — Pre-listing for ZSE listing of 261,064,590 shares of ZWL 0.01 nominal value. FA: Imara; Auditors: Deloitte; Tax: EY; Legal: Wintertons.
Tanganda Tea CompanyTANG.ZW

Rights Offer — US$8m Capital Raise

Jan 2026 · Sponsoring Broker — Capital raise of US$8m through rights offer of 263,821,324 new shares. FA: Corporate Excellence; Underwriter: RutAnhi; Accountants: Axcentium.