Trellidor lists on the JSE

Johannesburg, 28 October 2015: Today, the Johannesburg Stock Exchange (JSE) welcomed Trellidor Holdings Limited, the manufacturer of custom designed security barrier systems, after successfully listing on the Main Board of the exchange on the “Building Material & Fixtures” sector. 

Trellidor is the 15th company to list on the JSE this year.  Prior to Trellidor’s listing, the “Building Material & Fixtures” sector had a combined market capitalisation of  R17.42 billion. 

Having been established over 40 years ago, Trellidor has established a solid reputation and is widely recognised for providing superior physical barrier security. Trellidor’s listing will further enhance its profile and enable the company to access capital markets to raise additional equity funding for future growth.

Commenting on Trellidor’s debut on the JSE, CEO Terry Dennison says: “Today’s listing is an exciting development for us at Trellidor, as it represents the next phase of our company’s growth path.  The listing will enable us to pursue organic and acquisitive growth opportunities. In addition, we see significant growth potential from investments in the rest of the African continent, where the African market for security is also accelerating as a result of urbanisation and growing home and asset ownership. We invite our new shareholder to support us in our pursuit for growth.”

Donna Oosthuyse, Director Capital Markets at the JSE, comments on Trellidor’s listing: “As one of the most recognisable company brands in South Africa, we are pleased to welcome Trellidor to the JSE.  Trellidor is the 15th company to list on the JSE this year, bringing the total market capitalisation of the JSE to R12.36 trillion. Trellidor’s transition to a public from a private company illustrates the next phase of the company’s life.  Trellidor’s listing today will not only aid in further enhancing the company as a leader in physical barrier security, but provide investors with an opportunity to acquire a stake in the company and contribute to its future success,” says Oosthuyse.
On 25 October, Trellidor successfully raised R50 million through the issue of 8 333 334 new shares in the Company and placed shares held by existing shareholders to the value of R214 million with invited investors.

ENDS

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Issued by:
H+K Strategies South Africa 
Tel: +27 11 463 2198 

JSE contact: 
Donna Oosthuyse
Director: Capital Markets 
JSE Limited
(011) 520 7000