Financial services provider Absa Group will list its ordinary shares for trade on A2X Markets from February 2.
Absa Group will retain its primary listing on the JSE and its issued share capital will not be affected by its secondary listing on A2X.
“We are very pleased to be listing on A2X, which further demonstrates our support for developing South Africa’s capital markets. It offers investors a wider choice of where to trade our shares and potentially reduces their trading costs,” comments Absa Group FD Jason Quinn.
Absa Group’s listing will bring the number of instruments listed on A2X to 94, with a combined market capitalisation of R6.5-trillion.