FinTech company Sygnia to list on A2X exchange

FinTech company Sygnia has announced that its shares have been approved for inclusion in the list of qualifying equity securities to be traded on A2X with effect from 13 September 2018.

The company will retain its primary listing on the JSE and its issued share capital will be unaffected by the secondary listing on A2X.

Sygnia shares will be available to be traded on both the JSE and A2X from the A2X listing date.

A2X is a licensed stock exchange which provides a secondary listing venue for companies. It began trading in October 2017 and has 10 approved brokers and nine companies listed on its platform.

Sygnia has R181 billion in assets under management and administration, and with offices in Cape Town, Johannesburg and Durban, it has over 200 staff.


Read: Why Sygnia has closed its hedge funds

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FinTech company Sygnia to list on A2X exchange