Johannesburg, 28 May 2026: The Johannesburg Stock Exchange (JSE) welcomes Greencoat Renewables Plc’s (“GRP”) transition from a secondary AltX listing to a dual primary listing on the JSE Main Board, marking a key milestone for the issuer and reinforcing South Africa’s position in global capital markets.

GRP will retain its listings on Euronext Growth (Dublin) and AIM (London), while its JSE Main Board presence is expected to expand its South African investor base, improve liquidity and support potential index inclusion.

GRP debuted on the AltX in June 2025 with a market capitalisation of approximately €844 million, leveraging the JSE’s enhanced framework for international listings. Its progression to the Main Board demonstrates the effectiveness of AltX as a launchpad for global issuers, supporting a clear pathway from entry to scale.

Paul O'Donnell, Investment Manager at Schroders Greencoat, said: "The transition to the Main Board of the JSE reflects the continued evolution of Greencoat Renewables as a leading European renewable infrastructure business. We have seen growing interest from South African investors, and this move enhances our ability to access that capital base while increasing the Company's visibility. We believe the Main Board of the JSE provides an appropriate setting to support our next phase of growth, underpinned by disciplined capital allocation and a focus on long-term value creation."

The JSE has implemented a series of regulatory enhancements aimed at improving competitiveness and accessibility, including streamlined requirements for foreign issuers, support for dual primary listings and ongoing refinements to disclosure and investor protection standards.

Helina Andhee, Chief Officer: Capital Markets at the JSE, said: “GRP’s transition to the Main Board reflects both the strength of the JSE’s evolving listing framework and our ability to support issuers throughout their growth journey. We remain focused on creating an enabling environment through regulatory reforms, increased flexibility, and robust governance standards that continues to attract high-quality international companies to our market.”

For investors, GRP offers rand-denominated access to a diversified European renewable energy portfolio, underpinned by strong cash generation, as well as opportunity to get exposure to green digital infrastructure (data centre value chain) and battery storage assets. 

The Main Board listing is expected to enhance liquidity, broaden shareholder participation and unlock potential passive investment flows, reflecting strong local demand for global, ESG-aligned infrastructure assets.

GRP’s progression underscores the JSE’s role as a gateway for international capital, offering issuers access to deep institutional pools within a well-regulated, globally aligned market.

Valeo Capital continues to be the sole corporate advisor and Sponsor to GRP.

ENDS

ABOUT THE JSE

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

The JSE takes your privacy seriously in accordance with the POPI Act. We endeavour to only send you relevant information that we think will be of interest to you and the media title you work at. No action is required if you are happy to continue receiving JSE news and information. Should you change your mind at any time in the future, please do let us know. If you do not wish to receive JSE news and information, please respond to this email and we will remove you from future distributions.