Reunert to list on A2X
JSE-listed diversified industrial group Reunert is preparing for a secondary listing on A2X.
Effective August 15, the company’s ordinary shares will be available for trade on both the JSE, where it will retain its listing, and A2X.
In an update to shareholders on Monday, Reunert said that its JSE listing and issued share capital will be unaffected by the secondary listing on A2X, nor will the secondary listing give rise to additional fees or compliance obligations for Reunert.
A2X is a licensed stock exchange authorised to provide a secondary listing venue for companies and is regulated by the Financial Sector Conduct Authority and the Prudential Authority of the South African Reserve Bank, in terms of the Financial Markets Act, No. 19 of 2012.
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