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Industrial|Equipment
Industrial|Equipment
industrial|equipment

Invicta to list on A2X

6th August 2019

By: Marleny Arnoldi

Deputy Editor Online

     

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JSE-listed Invicta Holdings has been approved for a secondary listing on A2X Markets, and will start trading shares on the exchange from August 13.

Invicta Holdings will list ordinary shares, with a market capitalisation of R2.6-billion, and preference shares, with a market capitalisation of R660-million, on the A2X.

The company operates in the industrial consumables, capital equipment and spare parts industries and employs around 4 000 people worldwide.

Invicta retains its primary listing on the JSE.

CEO Arnold Goldstone said the A2X listing provides investors a choice of venue on which to transact and an opportunity to save money.

A2X now has 28 listed entities, with a combined market capitalisation of more than R2.4-trillion.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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