RH Bophelo Rwanda Listing Sens Announcement
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Secondary Listing Of RH Bophelo On The Rwanda Stock Exchange. RH Bophelo will list on the RSE by way of an introduction on Monday, 1 June 2020 at the opening of the market.
RH Bophelo listed on the Johannesburg Stock Exchange (“JSE”) as a special purpose acquisition company (“SPAC”) in July 2017 with R500 million in new capital being raised (“JSE Listing”). TheJSE Listing allowed RH Bophelo to access the initial capital required to start operating and opened the door for the general public to acquire shares in a fully black-owned and entirely African healthcare company that offers growth and returns in a defensive asset class. RH Bophelo has since been converted into an Investment Entity as defined in terms of Section 15 of the JSE Listings Requirements.
In April 2020, the Directors, subject to approval by the relevant regulatory authorities, approved RH Bophelo’s proposed secondary listing on the Rwanda Stock Exchange (“RSE”) (“RSE Listing”). RH Bophelo’s primary listing and exchange will remain as the JSE with the RSE Listing being a secondary listing (“Secondary Listing”).
RH Bophelo listed on the Johannesburg Stock Exchange (“JSE”) as a special purpose acquisition company (“SPAC”) in July 2017 with R500 million in new capital being raised (“JSE Listing”). TheJSE Listing allowed RH Bophelo to access the initial capital required to start operating and opened the door for the general public to acquire shares in a fully black-owned and entirely African healthcare company that offers growth and returns in a defensive asset class. RH Bophelo has since been converted into an Investment Entity as defined in terms of Section 15 of the JSE Listings Requirements.
In April 2020, the Directors, subject to approval by the relevant regulatory authorities, approved RH Bophelo’s proposed secondary listing on the Rwanda Stock Exchange (“RSE”) (“RSE Listing”). RH Bophelo’s primary listing and exchange will remain as the JSE with the RSE Listing being a secondary listing (“Secondary Listing”).
