SAFX Official List provides safari lodges the opportunity to list on a Wine Estate Stock Market

The SAFX Official List is a unique Stock Market operated by SafariXchange for wine estate owners and companies to list their estates and business on a dedicated wine estate stock market SafariXchange allows many investors the chance to invest, own, trade and build up a unique property and business portfolio.

Market Features 

Like all smaller stock exchanges which abide by sets of rules, the rules, and regulations of the SAFX Official List are more stringent than most of the junior markets. This higher level of regulation means that any Safari Lodge wishing to list on the SAFX Market are more likely to be at a more mature phase of their growth cycle and must employ a higher level of corporate governance.  

This higher level of regulation and corporate governance required of Safari Lodge listing on the by the SAFX Official List appeals a wider pool of potential investors; including unsophisticated, sophisticated, retail and institutional, who prefer to invest in Safari Lodges at a more mature stage of the growth cycle.

Safari Lodges looking to obtain a listing on this market must have at least 15% of the issued shares in public hands and should have at least 50 shareholders including those purchasing shares through the SAFX market.

Safari Lodges on the SAFX List benefit from having their market quote on SAFX Markets itself, the SAFX website and smartphone investor apps. Additionally, SAFX Listed Safari Lodges can benefit from having their regulatory news and trading updates placed to both the market and secondary information providers.

Admission Requirements
There are four main requirements for companies looking to join the Regulated Market:

• Safari lodges will need to appoint Safari Exchange  to assist them with their listing and to ensure that safari lodges continue to meet the market rules as part of their obligations as a listed company.
• They must adhere to IFRS accounting standards.
• Safari lodges will have to produce an prospectus information brochure and have a web site..
• There should be a market capitalisation of at least £200,000  / USD$250,000 as at the time of admission.       
  
  

More information
You can download a copy of the SAFX Official List Rules here, and contact us to discuss your situation and the applicability of the SAFX Official List for your business.