OUTsurance opts for secondary listing on A2X

Insurance giant OUTsurance Group Limited has received approval for a secondary listing on A2X Markets, with its shares set to start trading on the alternative exchange from 14 January 2026.

The insurer will retain its primary listing on the Johannesburg Stock Exchange and confirmed that its issued share capital will remain unchanged.

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The secondary listing provides shareholders with an additional venue on which to trade the company’s shares, without altering the underlying economics of the business.

OUTsurance shares traded at R68.46 just after midday, around 2% weaker.

A2X chief executive Kevin Brady said the listing would extend OUTsurance’s long-standing focus on value to its shareholders.

“By listing on A2X, OUTsurance will provide its investors with the benefit of choice to transact its shares on an additional venue with reduced transaction fees and extra liquidity.”

OUTsurance becomes the 168th security to list on A2X, which now hosts securities with a combined market capitalisation of more than R12 trillion.

The insurer joins well-known South African and global companies that have opted for a secondary listing on the exchange, including AngloGold Ashanti, Aspen, Exxaro, Discovery, Growthpoint, Implats, Investec, Mr Price, Naspers, Nedbank, Prosus, Remgro, Sanlam, Sasol and Standard Bank.

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A2X positions itself as a complementary trading platform to the JSE, offering companies a cost-effective way to broaden access to liquidity. There is no fee to obtain a secondary listing, and companies’ shareholders are able to choose where to trade their shares, potentially benefiting from lower transaction costs.

The exchange is licensed and regulated by the Financial Sector Conduct Authority and the South African Reserve Bank, through its Prudential Authority, in terms of the Financial Markets Act.

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