Huge Group aims for secondary listing on Aim

25th January 2021 By: Natasha Odendaal - Creamer Media Senior Deputy Editor

JSE-listed Huge Group is planning a secondary listing on the Alternative Investment Market (Aim) of the London Stock Exchange.

In an update to shareholders on January 25, the group said that the board of directors had resolved to make application for admission as a secondary listing.

Huge, which has started the process of appointing advisers to effect the application, will retain the primary listing of its shares on the Johannesburg Stock Exchange (JSE) and also its listing on the A2X stock exchange (A2X).

Following the proposed secondary listing, Huge shares will be available to be traded on the JSE, the A2X and Aim.

The issued share capital of the company will not be affected by the application.