Clover listing on Namibian Stock Exchange in line with African expansion
The Namibian Stock Exchange (NSX) has approved the secondary listing of JSE-listed Clover with effect from April 22 under share code CLN.
Clover CEO Johann Vorster advised shareholders on Wednesday that the NSX listing would broaden Clover’s investor base by enabling Namibian investors to invest directly in Clover’s shares.
“This listing will also assist in building relationships with Namibian stakeholders, which are important to the Clover group, especially considering our long-term strategic plans, which include further expansion into Africa,” he said.
Clover Dairy Namibia, which was started in 2011, had grown considerably over the years, noted the group.
The company currently distributed both refrigerated and nonrefrigerated dairy and other fast-moving consumer goods throughout Namibia, and employed about 80 people at its depot in Windhoek.
Clover’s primary listing would remain on the main board of the JSE.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation