AcaciaCap is a JSE-approved sponsor to companies listed on the Main Board of the JSE and designated advisor to companies listed on the Alternative Exchange (“AltX”). We are also an Appointed Advisor to two companies listed on ZAR X. We can also assist companies wanting to list on 4AX as the listing requirements are very similar. The company provides services to its listed clients and assists companies with the process of listing on the JSE, the capital raising and achieving shareholder spread as well as with their on-going obligations once listed.
As a JSE sponsor, AcaciaCap assists with advice on listing, preparing or assisting with required circular work and announcements as well as their continuing obligations as JSE Main Board listed companies to ensure compliance with the JSE Listings Requirements.
At AcaciaCap we focus on achieving successful outcomes, in partnership with our clients. We provide a service based on sound knowledge of the regulatory environment as well as insight into our clients’ industries, businesses and corporate philosophies.
We commence work with our clients at an early stage to get them “listing ready” and work closely with them throughout the listing process, including project managing the process, drafting the prospectus and assisting with capital raising and achievement of JSE requirements for listing. Thereafter, we have the philosophy that compliance is easy and – when in doubt – ask.
Designated Advisor Services
We are also licenced as an AltX-designated advisor, which has added responsibilities, including one of our approved executives attending all board meetings and audit committee meetings as a minimum. AcaciaCap advises its clients on their responsibilities when applying for a listing on AltX, provides guidance on the business plan and on the continuing obligations to maintain the status once listed.
A designated advisor needs to work in a hands-on, pro-active and responsible manner to fulfil the role of guiding the AltX-listed company in its compliance with the JSE Listings Requirements and regulations. At AcaciaCap we have always followed this partnership approach and our preferred mind-set has always been that of an active and interested partner. We foster a close working relationship with our clients and work as part of their teams to achieve the most desirable outcomes.
Appointed Advisor – ZAR X listings
We act as an Appointed Advisor for listings on ZAR X, having done the first inward listing of a Mauritian company in November 2019 and the first ever virtual listing in April 2020 of a property REIT. ZAR X also requires the Appointed Advisor to attend board meetings, which is in line with our partnership approach.
Fast Track Listings
Where companies are already listed on a recognised exchange for more than 18 months we can assist with a fast track listing on the JSE.
Fairness Opinions/ Fair and Reasonable Opinions
Listed clients often need fairness opinions for JSE related transactions or fair & reasonable opinions for TRP transactions. We have been approved by the JSE to act as an Independent Expert. Our team is experienced and well positioned to assist with your requirements.