For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250521:nRSU4859Ja&default-theme=true
RNS Number : 4859J Greencoat Renewables PLC 21 May 2025
Greencoat Renewables approval of secondary listing on the Johannesburg Stock
Exchange
Dublin, London | 21 May 2025: Greencoat Renewables PLC ("Greencoat" or "the
Company") is pleased to confirm that the Johannesburg Stock Exchange ("JSE")
has granted approval to Greencoat for a secondary listing on the Alternative
Exchange ("AltX") of the JSE. The listing and commencement of trading will
take effect on Monday, 9 June 2025.
The Company has released a pre-listing announcement ("PLA") on the Stock
Exchange News Service of the JSE in relation to the secondary inward listing
of the Company on the AltX by way of an introduction ("Listing"). The PLA can
be found on the Company's website: Report and Publications - Greencoat
Renewables
(https://www.greencoat-renewables.com/investors/reports-and-publications/2025)
The admission to trading of its shares on the JSE is expected to be beneficial
to the Company over time as it will enhance liquidity, diversify the
shareholder base and position Greencoat for growth by providing access to a
new and deep capital market.
The Company will not place or issue any new GRP shares as part of the Listing
and will remain listed on the Euronext Growth Market in Dublin and the
Alternative Investment Market in London.
Ronan Murphy, Non-Executive Chairman of Greencoat Renewables, said:
"We are delighted to have been granted approval for a secondary listing on the
JSE. Greencoat Renewables' return profile offers an attractive proposition to
South African investors who we look forward to welcoming onto our share
register. Our listing on the JSE further demonstrates our innovative and
proactive approach to improving liquidity'.
For further information:
Schroders Greencoat LLP (Investment Manager)
Bertrand Gautier
Paul O'Donnell
John Musk +44 20 7832 9495
Valeo Capital Proprietary Limited (Corporate Advisor & JSE Sponsor)
Johannes Human and David Tosi greencoat@valeocapital.co.za (mailto:greencoat@valeocapital.co.za)
Prescient Securities (South African Stockbroker)
Stephen Heath and Surette Drew +27 21 700 3797
FTI Consulting (Investor Relations & Media)
Sam Moore +353 86 231 4135
Aoife Mullen greencoat@fticonsulting.com (mailto:greencoat@fticonsulting.com)
Barclays Bank PLC (Joint Broker)
Dion Di Miceli +44 20 7623 2323
Stuart Muress
James Atkinson
Davy (Joint Broker, NOMAD and Euronext Growth Listing Sponsor)
Brian Garrahy +353 1 679 6363
Ronan Veale
RBC Capital Markets (Joint Broker)
Matthew Coakes
Elizabeth Evans +44 20 7653 4000
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCPPUBUAUPAGMU