Afrimat lists on A2X
Afrimat Limited this week listed on A2X Markets (A2X), South Africa’s newest stock exchange, which began trading on 6 October 2017. Afrimat joins African Rainbow Capital Investments, Peregrine Holdings, and Coronation Fund Managers, all of which are already listed on the exchange.
Afrimat FD Pieter de Wit was nominated for this year's CFO Awards.
Andries van Heerden, CEO of Afrimat said:
"Our board agrees that stock exchange competition is healthy for the entire market. We support the idea that reduced cost of trading will bring in additional investors. We look forward to being traded on A2X."
Afrimat, a leading black-empowered, open-pit mining company providing industrial minerals, commodities and construction materials, will retain its primary listing on the main board of the JSE. Its issued share capital will be unaffected by its secondary listing on A2X.
Pictured: Kevin Brady, CEO of A2X Markets