Victoria Falls Stock Exchange-listed diversified company, Padenga Holdings Limited, has seen its Director and the CEO of its subsidiary, Dallaglio Investments, Mr. James Robert Beare, acquire 285,740 ordinary shares in Padenga, Mining Zimbabwe can report.
By Hazel Gara
According to Padenga, Mr. Beare purchased the shares at a price of US$0.19 per share, with the total value of the transaction amounting to US$52,290.
Following this purchase, Mr. Beare now holds a total of 830,305 shares in the company.
This transaction complies with the Victoria Falls Stock Exchange (VFEX) Limited Listings Requirements and has been disclosed to ensure transparency and adherence to regulatory standards.
Padenga Holdings Limited is a prominent player in the Zimbabwean economy, with a diverse portfolio of businesses. The company’s operations include crocodile farming, gold mining, and property development.
Mr. Beare’s recent share purchase signals confidence in the company’s future prospects and its ability to deliver value to shareholders.