Investors initially pay only a portion of the current Share price of a particular company, but still receive the full dividends paid out by the company. The price of a Share Instalment moves in tandem with the underlying Share, so investors also gain the same capital growth they would have if they had bought the underlying Shares directly. The investor has the option of paying a second instalment on or before the expiry date of the Share Instalment to take full ownership of the underlying Shares.
You can buy and sell Share Instalments on the JSE just like any listed Equity Market instrument. Open an account with an authorised JSE Equity member to buy or sell them.