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Pesewa ONE wants to delist from the GAX

Pesewa ONE PLC (“Pesewa ONE” or the “Company”) wishes to announce the Company’s intention to de-list from the Ghana Alternative Market (the “delisting”) subject to Shareholder approval, and approval from the Ghana Stock Exchange (“GSE”) and Securities and Exchange Commission (SEC).

At the Company’s Emergency General Meeting (“EGM”) scheduled to be held on 6th January, 2023 a resolution will be put before shareholders with regards to the proposed de-listing.

The proposed de-listing is in line with the Company’s strategic goals for 2023 agreed with Shareholders and discussed with our Corporate Advisors; which will include listing the Franchise arm of the business on the Euronext.

Pesewa ONE will provide Shareholders and the general public with further information on the de-listing if the resolution to de-list is passed by the Company’s shareholders.

About Pesewa ONE PLC

Pesewa ONE PLC started in 2018 as a Business Incubator helping nurture Africa’s next generation of global businesses. The Company subsequently listed on the Ghana Alternative Market in 2021 and has over the past five years incubated more than 100 young businesses.

In 2022, Pesewa ONE Franchise was launched to provide the Company’s services and automated platforms to more businesses in more regions of Ghana and in 10 African Countries. The Franchise has a target in five years of reaching;

• 5,000 Young African Entrepreneurs

• 100,000 student entrepreneurs; and

 

• 1M Informal Sector Businesses


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