Simbisa Brands looking for approval to list on London Stock Exchange's AIM

Innscor Holdings’ Simbisa Brands, the quick service restaurant which owns Chicken Inn and Nandos among others, is seeking approval to make a secondary listing on the London Stock Exchange Alternative Investments Markets (AIM). The group is seeking approval from regulators and shareholders to list on the LSE AIM, in order to get more funding for expansion.

In a statement, the group said:

Shareholders are advised that the Simbisa Brands Limited Board of Directors has approved, subject to Reserve Bank of Zimbabwe, other regulatory approvals and shareholder’s approval, the application for a secondary listing of Simbisa’ Ordinary Share Capital on the London Stock Exchange Alternative Investments Markets (AIM) in order to access additional funding for the Company’s expansion.

More: Source