Fairvest will retain its listing on the Johannesburg Stock Exchange and its issued share capital will be unaffected by its listing on A2X. Both A ordinary shares and B ordinary shares will be available for trade on A2X.
Fairvest Property Holdings Limited and Arrowhead Properties Limited merged earlier this year, setting the stage for the creation of a mid-sized JSE-listed property company with assets of approximately R11.78bn.
The listing will bring the number of instruments available for trade on A2X to 66 with a combined market capitalisation of around R4tn. Fairvest joins Equites, GrowthPoint, Nepi Rockcastle, and recently listed SA Corporate Real Estate from the property sector on the exchange.
