Santam Limited is set to list on the A2X markets exchange on 1 February – the 16th company to do so since the secondary exchange began trading in October 2017.
“We are continually looking for new ways to add benefit to our clients and shareholders,” said Santam’s CEO, Lizé Lambrechts. “We see this additional listing as an opportunity to attract potential new investors. More importantly we are pleased to be complementing our existing listings on the JSE and Namibian Stock Exchange with a listing on A2X.”
There is no cost, risk or additional regulatory compliance for Santam as a result of its A2X listing.
A2X CEO Kevin Brady said: “The trading options for Santam’s investors are being extended with a listing on A2X. We are delighted to be welcoming Santam to A2X and look forward to demonstrating the benefits that a listing on our platform will bring to its shareholders.”
A2X is a licensed stock exchange, which provides an additional listing opportunity for companies. It is regulated by the Financial Sector Conduct Authority and the Prudential Authority (SARB), in terms of the Financial Markets Act.