🇿🇦 Johannesburg Stock Exchange

Imperial (JSE:IPL) announced that it has entered into a transaction implementation agreement regarding a cash offer of ZAR66 per share from DP World to acquire all outstanding shares of Imperial, implying an estimated aggregate cash consideration of c. ZAR 12.7 billion. This offer represents a premium of 39.5% to the Imperial share price as at 7 July 2021 and a 34.2% premium to the 30-day volume weighted average price of Imperial.

The Johannesburg Stock Exchange (JSE) is pleased to announce that it has approved the listing of six SA Taxi Holdings’ social bonds on the bourse’s Sustainability Segment. The six social bonds valued at a total of R900 million will have a maturity of between one and 10 years. 

Shares in Thungela Resources (JSE:TGA), a South African thermal coal exporter, today commenced trading on the commodity counter of the Main Board of the Johannesburg Stock Exchange (JSE). Thungela Resources, which has its primary listing on the JSE, was created from the demerger and separation by Anglo American’s South African thermal coal assets. Thungela Resources produces 16.5 million tonnes of thermal coal per annum.

 From today, Black South African retail investors will get the opportunity to invest in the world’s largest beer producer, AB InBev, following the listing of SAB Zenzele Kabili on the Johannesburg Stock Exchange’s (JSE) Empowerment Segment.