South Africa’s biggest retailer gets secondary listing on A2X

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South Africa’s biggest retailer gets secondary listing on A2X
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Shoprite will be again a secondary listing on A2X Markets in April 2023.

South Africa’s biggest retailer Shoprite has been approved for a secondary listing on A2X Markets, marking the fourth exchange that Shoprite shares will be available to investors.The Shoprite Group is the largest South African retailer by market capitalisation, sales, profit and the number of employees and customers.

Listed on the Johannesburg Stock Exchange , the Namibian Stock Exchange and Lusaka Securities Exchange , Shoprite Holdings’ issued share capital will be unaffected by the additional listing on A2X. The retailer will join other Top 40 companies, including Absa, Aspen, Discovery, Investec, Mr Price Group, Naspers, Nedbank Group, Prosus, Sasol, Standard Bank and Woolworths, that are also listed on the exchange.

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BusinessTechSA /  🏆 24. in ZA

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