Life Healthcare to list on A2X from December
Healthcare group Life Healthcare will list its shares on A2X from December 1. It will also retain its primary listing on the JSE.
Life Healthcare has 66 healthcare facilities including 49 acute hospitals across the Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North West, the Western Cape and Botswana.
Its facilities provide a range of services, which make use of innovative technology and treatment techniques and interdisciplinary care which provide the appropriate scope of healthcare services, says Life Healthcare Group CE Peter Wharton-Hood.
“By making use of innovative technology and efficiencies we are able to provide our patients with quality care and improved outcomes. Our listing on A2X extends this principal to our shareholders by providing them with an alternative platform, that, through the use of the latest high-performance technology, offers savings in the form of price improvement and lower exchange fees whenever they transact in Life Healthcare shares,” he notes.
A2X is pleased to welcome Life Healthcare, South Africa’s second largest private hospital operator, to its platform.
“We appreciate the support and look forward to enabling investors to capture the saving and liquidity benefits we offer,” says A2X CEO Kevin Brady.
Life Healthcare joins Netcare, Aspen and Ascendis in the healthcare sector with a secondary listing on A2X. The listing will bring the number of instruments listed on A2X to 90 with a combined market capitalisation of about R5.4-trillion.
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