The JSE would also be reducing listing fees by 25% for small cap companies and those listed on AltX
The JSE will provide relief to listed companies in financial distress as a result of the Covid-19 lockdown in a bid to ensure business continuity.
“It’s important for us to ensure that those that are most in need are prioritised first and we have a high priority on our small and mid-cap size listed entities ... we will be giving them explicit relief in capital raising and those investors who might be trading on their share,” JSE CEO Leila Fourie said.
She said the JSE will go through a process of evaluating companies’ requests for relief and will determine whether the requests are related to coronavirus hardship.
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