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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.<\/p>\n
The insurer will retain its primary listing on the Johannesburg Stock Exchange and confirmed that its issued share capital will remain unchanged.<\/p>\n
Read\/listen:
OUTsurance shares surge on dividend payout bonanza
How does a life insurance company value itself?\u00a0<\/p>\n
The secondary listing provides shareholders with an additional venue on which to trade the company\u2019s shares, without altering the underlying economics of the business.<\/p>\n
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OUTsurance shares traded at R68.46 just after midday, around 2% weaker.<\/p>\n
A2X chief executive Kevin Brady said the listing would extend OUTsurance\u2019s long-standing focus on value to its shareholders.<\/p>\n
\u201cBy 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.\u201d<\/p>\n
\nOUTsurance becomes the 168th security to list on A2X, which now hosts securities with a combined market capitalisation of more than R12 trillion.<\/p>\n<\/blockquote>\n
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.<\/p>\n
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World-first market surveillance code set to strengthen trust in SA<\/p>\nA2X 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\u2019 shareholders are able to choose where to trade their shares, potentially benefiting from lower transaction costs.<\/p>\n
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.<\/p>\n
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