a day ago
Greencoat Renewables lists on Johannesburg Stock Exchange
Greencoat Renewables has become the first Irish company to list on the Alternative Exchange of the Johannesburg Stock Exchange (JSE).
The secondary listing by the the renewable energy infrastructure company, took effect at the opening of trading on the JSE this morning.
The company was joined by Irish Ambassador to South Africa, Austin Gormley to bang the drum.
When the company was granted approval for the listing last month, it said admission to the JSE is expected to be beneficial to the company over time as it will enhance liquidity, diversify the shareholder base and position Greencoat for growth by providing access to a new and deep capital market.
It added that it remains listed on the Euronext Growth Market in Dublin and the Alternative Investment Market in London.