JSE issues apology for the incorrect meta description on broker search

JSE Limited (“JSE) was alerted to an incorrect meta description automatically generated by search engines when searches relating to the JSE in relation to company information is performed. This resulted in the JSE’s awareness campaign relating to a cautionary pop-up on the JSE website regarding investment scams being displayed in search results.

The JSE has implemented technical measures to remedy the incorrect description.

We sincerely apologise for the error and in the event that you require any further information in respect of the remedial actions implemented or the JSE to clarify the incorrect search results, please contact [email protected].

B-Ordinary Shares

B-Ordinary Shares are a different class of Ordinary Share and are subject to the Articles of Association of the company concerned. They often pay higher dividends than Preference Shares. Holders of B-Ordinary Shares have fewer or no voting rights than Ordinary shareholders and may not have a right to any repayment of capital should the company be dissolved.

Who is this for?

B-Ordinary Shares are suitable for investors looking for a long-term investment. They are also suitable for investors who are willing to take higher risk to achieve a higher return.

Features

  • Dividends for B-Ordinary shareholders are not fixed and can be higher than dividends for Preference shareholders.
  • Besides cash flow, shareholders can also obtain capital growth, for example by selling the Share at a price higher than the purchase price.
  • Should the company cease to exist, the B-Ordinary shareholders may not be entitled to any repayment of capital.
  • Holders of B-Ordinary Shares have fewer or no voting rights.

How to get it

To buy or sell B-Ordinary Shares, individuals will need to open a brokerage account with a JSE Equity member.