TFG to list on A2X
South African retailer The Foschini Group (TFG) will list its shares for trade on A2X Markets (A2X) from October 10, but will retain its primary listing on the JSE.
TFG has more than 4 600 outlets, 34 brands and employs about 46 500 people.
“We are continually looking for new ways to add value to our customers and shareholders. As such, we are pleased to complement our JSE primary listing with the secondary listing on A2X.
"The listing will provide our shareholders with an opportunity to transact on an additional venue which is potentially more cost effective,” says TFG CEO Anthony Thunström.
The listing will bring the number of instruments listed on A2X to 181, with a combined market capitalisation of about R9-trillion.
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