Johannesburg, 21 November 2024: The JSE’s fast-track listing process provides key benefits, including expedited approvals, lower listing fees, and reduced documentation requirements. This streamlined approach allows companies to quickly access South Africa's deep liquidity pool, enhancing their market visibility and facilitating capital raising opportunities for both local and international investors. For Assura plc, a listed UK real estate investment trust (REIT), this secondary listing of 3,250,608,887 ordinary shares on the JSE is part of a bid to expand the company’s overall liquidity.

“As the UK's leading diversified healthcare REIT, Assura offers an attractive proposition to South African investors, who we look forward to welcoming onto our share register. Our high-quality assets offer long-term secured and growing income, underpinned by the long-term structural demand for healthcare services in the UK,” said Jonathan Murphy, CEO of Assura plc.

Established in 2003, Assura specialises in the development of, investment in and management of a portfolio of healthcare buildings across the UK and Ireland – with a core focus on long-term social impact and sustainability.

A dual-listing gives South African investors a local platform to invest and trade in Assura plc shares, will increase liquidity for shareholders, and diversify the company’s shareholder base, positioning it for future growth.

"We are thrilled to welcome Assura plc to the JSE. This listing marks a significant milestone for both the JSE and Assura plc as we provide South African investors with a unique opportunity to invest in a leading healthcare REIT. Today’s listing, which comes by way of the JSE’s fast-track listing process, underscores the impact of our proactive measures to create an enabling environment and expand the list of counters to give investors access to a broader universe of investment opportunities ,” says Valdene Reddy, Director: Capital Markets at the JSE.

Earlier this year, the JSE announced it would continue to expand its secondary listing framework and added Euronext and Saudi Exchange, Tadawul, to its list of approved and accredited exchanges, alongside others including Hong Kong Exchanges and Clearing Ltd (HKEX), the London Stock Exchange, Australian Securities Exchange, New York Stock Exchange, Toronto Stock Exchange, and the Singapore Stock Exchange.

Since the establishment of the fast-track listing route in 2014, the JSE has raised over R968bn, provided 131 listings (59 of which were international), and raised R228 billion by inward listed companies.

Assura plc’s listing brings the total number of companies listed on the JSE to 280 with a market cap exceeding R19 trillion.

ENDS

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