IN BRIEF: Greencoat Renewables to move to main board of JSE next week

Greencoat Renewables PLC - Dublin-based renewable energy infrastructure investor - Says it will reclassify and transfer its secondary listing on the Altx of the Johannesburg Stock Exchange to a dual primary listing on the main board of the JSE, with effect from Thursday next week. Notes that it continues to see "active engagement" from South African institutional investors. The main board of the JSE provides the appropriate platform for further market visibility and investor access, Greencoat says. No new shares will be issued in connection with the reclassification and transfer, and the company will continue to maintain its listings on Euronext Growth in Dublin and the AIM market of the London Stock Exchange. Greencoat debuted on AltX early in June last year.

Stock price in London: 98.05 pence

12-month change: down 2.3%

Stock price in Johannesburg: ZAR15.33

By Artwell Dlamini, Alliance News senior reporter South Africa

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