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STANDARD BANK GROUP LIMITED - Secondary Listing on A2X

Release Date: 08/11/2018 10:15
Code(s): SBK     PDF:  
Wrap Text
Secondary Listing on A2X

Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1969/017128/06
JSE Share Code: SBK
NSX share code: SNB
ISIN: ZAE000109815
(“Standard Bank Group”)


Secondary Listing on A2X
Standard Bank Group is pleased to announce that its ordinary shares and second
preference shares have been approved for inclusion in the list of qualifying equity
securities to be traded on A2X with effect from 15 November 2018 (the “A2X listing
date”).


Standard Bank Group will retain its primary listing on the Johannesburg Stock
Exchange (JSE) and its issued share capital will be unaffected by its secondary listing
on A2X. Standard Bank shares will be available to be traded on both the JSE and A2X
from the A2X listing date.


A2X is a licensed stock exchange authorised to provide a secondary listing venue for
companies and is regulated by the Financial Sector Conduct Authority (FSCA) of
South Africa (previously the Financial Services Board) in terms of the Financial
Markets Act.


Standard Bank Group’s Financial Director, Arno Daehnke, commented “Standard
Bank is pleased to be making its securities available for trading on A2X through a
secondary listing that complements our primary listing on the JSE. We have listened
to our institutional investors, who have called for this secondary listing, which will offer
enhanced choice to investors to trade through A2X’s platform and which demonstrates
our support for the deepening and broadening of financial markets.”


Johannesburg
8 November 2018
Lead sponsor
The Standard Bank of South Africa Limited


Independent sponsor
JP Morgan Equities South Africa Proprietary Limited


Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

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