Truworths to list on A2X

Leading retail group Truworths International will list its shares for trade on A2X Markets from 5 December 2022.

Truworths will retain its listings on the Johannesburg Stock Exchange (JSE) and Namibian Stock Exchange (NSX).

The JSE and NSX listing and Truworths’ issued share capital will not be affected by the secondary listing on A2X.

Truworths is an investment holding company whose companies are engaged in the retailing of fashion apparel and accessories, footwear and homeware.

The Truworths Group trades under names such as Truworths, Identity, YDE, Uzzi, Earthchild, Ginger Mary, Fuel, Sync, Office London and Loads of Living in South Africa.

The Truworths Group also trades under the brands Office and Offspring in the United Kingdom.

The listing will bring the number of instruments listed on A2X to 92, with a combined market capitalisation of R5.3 trillion.

Truworths join Pick n Pay, Mr Price and Woolworths from the retail sector with listings on A2X.

Other well-known companies on A2X include AngloGold Ashanti, Aspen, Discovery, Growthpoint, Implats, Investec, Naspers, Nedbank, Remgro, Sanlam, Sasol and Standard Bank.