Tag Archive for 'listing'

Naspers gives Europe its biggest consumer tech listing

Naspers has pulled off a dramatic restructuring of its holdings to unlock value after the successful listing of Prosus on Euronext Amsterdam stock exchange and simultaneously on the Johannesburg Stock Exchange (JSE). Prosus Group is valued at EUR120 billion ($134bn) and is Europe’s biggest consumer Internet firm and the third in value on the Amsterdam […]

Airtel Africa confirms June $750m listing in London

Airtel Africa has confirmed that it is going ahead in June 2019 with its $750 million listing on the main market of the London Stock Exchange, as flagged up in January in our article. Owned by India’s Bharti Airtel, it is Africa’s second biggest mobile operator with operations in 14 countries and has 99m subscribers […]

IPO report 2 – African companies raised $2.2bn in 2018

Africa-focused companies raised $2.17 billion via 18 share offers (IPO) and listings in 2018, but the number is down 25% from $2.89bn raised in 2017 with 26 share offers and listings. According to asset manager Enko Capital, the slowdown was driven by “unfavourable market conditions”. The Egyptian Exchange had 4 IPOs in 2018, and Ghana, […]

Innovative African IPO and listing successes show strong demand

A round-up of recent African IPOs and other listings, many over-subscribed, shows demand and innovation – Namibia scored its first SPAC and Mauritius listed GDRs.

Ethos Capital PE lists after R1.8bn oversubscribed private placement

Ethos Capital listed on South Africa’s JSE on 5 August after R1.8 bn ($131m) oversubscribed private placement creates liquid vehicle for private equity investors.

Korea Exchange success story with SMEs

The Korean Exchange (KRX) has grown to be the world’s third biggest stock exchange for listing and trading SMEs by creating a virtuous cycle in which growth generates cash-flows which in turn fuel more growth.

Zimbabwe Stock Exchange launches electronic trading 3 July

Electronic share trading is to go live today, 3 July, at the Zimbabwe Stock Exchange. There are new trading hours and only dematerialized securities can trade.

Total Senegal offers shares in IPO until 7 Nov for BRVM listing

Oil products company Total Senegal has an initial public offer (IPO) of shares open until 7 Nov, offering 8.9% of the company in an IPO before listing the African equities on the Bourse Regionale des Valeurs Mobilieres (BRVM).

Good news for investors on London’s AIM mid-cap market

Fortunes improved for investors in companies on the London Stock Exchange’s Alternative Investment Market (AIM) market, according to a report by Deloitte examining listings and de-listings for 11 months to November.

JSE growth board AltX scores 100th listing with Osiris

The 100th company listed on the AltX growth capital board of South Africa’s JSE Ltd securities exchange this week, when Bermuda-based Osiris Properties International did a dual-listing to help it raise capital.