Johannesburg, 24 February 2026: The Johannesburg Stock Exchange (JSE) today welcomes its first Main Board listing in 2026 with the secondary inward listing of Aimia Inc. (TSX: AIM; JSE: AII), a diversified conglomerate headquartered in Toronto, Canada. This listing builds on the bourse’s five listings in 2025, reiterating the JSE’s continued ability to attract both local and international issuers as a leading venue for capital raising.
“Our decision to become inward listed on the JSE is consistent with our three-step strategy focused on enhancing shareholder value,” said Rhys Summerton, Aimia’s Executive Chair. “In particular, inward listing on the JSE will allow us to enhance liquidity and accessibility for existing investors in South Africa, qualify Aimia for potential investments by South African pension funds in the Company, and facilitate our plans to acquire controlling interests in public companies. Over the coming months, we will explore listing opportunities on other bourses with the goals of driving increased outreach to global investors and an improved valuation.”
"The arrival of Aimia Inc. on our Main Board underscores the JSE’s value proposition as a gateway for global firms to access African capital," said Valdene Reddy, Director: Capital Markets at the JSE. "As we transition into a new era of regulatory simplicity, we remain committed to providing our investors with diverse, global building blocks for resilient portfolios."
Aimia Inc. is a diversified conglomerate focused on enhancing the value of its holdings. Headquartered in Toronto, Aimia’s priorities include reducing its holding company costs, reducing the discount of its share price to the intrinsic value of its businesses, and efficiently utilizing its loss carry-forwards to create shareholder value. Listing on the JSE will help the organisation to expand its investor base, improve share liquidity and become eligible for investment by South African pension funds.
Aimia’s listing comes at a transformative time for the JSE. In December 2025, the FSCA approved its Simplification Project, which overhauled the Listings Requirements using plain language and eliminating regulatory duplication. This complements a broader series of regulatory reforms designed to create an enabling environment and enhance market accessibility, including cutting red tape, Market Segmentation and the expansion of the fast‑track universe.
The JSE’s fast-track secondary listing process enables global companies already listed on approved exchanges, such as the Toronto Stock Exchange (TSX), to efficiently access South African investors.
The fast-track entry process aims to diversify its sector composition and give South African investors access to global industrial and manufacturing trends without requiring offshore currency conversion. Aimia’s mix of high-performance manufacturing (Cortland), outdoor advertising (Clear Media) and disciplined capital allocation offers a strong value proposition as the company enters its next growth phase.
Today’s listing increases the number of listed companies to 265 with a market capitalisation exceeding R25 trillion.
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The Johannesburg Stock Exchange (JSE) has a well-established history of operating as a marketplace for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world-class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself on being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent. The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for 139 years. As a leading global exchange, the JSE co-creates unlocks value & makes real connections happen. www.jse.co.za
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