Sign in Subscribe
Financial markets

Goldman Sachs International Granted Listing on Johannesburg Stock Exchange

Strategic Insights

— 1 min read

Goldman Sachs International has expanded its presence in African financial markets through a strategic listing on the Johannesburg Stock Exchange (JSE) under its Series P Programme. This development introduces Warrants, Notes, and Certificates on the JSE's Main Board, offering investors new avenues for investment in structured products. The listing is a significant milestone for Goldman Sachs International, marking its footprint in African financial markets. The move is expected to have a Moderate impact on the market, reflecting the growing interest in diversified investment options.

Key Takeaways:

  • Goldman Sachs International has been granted a listing on the Johannesburg Stock Exchange (JSE) under its Series P Programme.
  • The listing includes the issuance of Warrants, Notes, and Certificates on the JSE's Main Board, starting September 10, 2025.
  • The listing involves the ordinary shares of Nedbank Group Ltd, identified by Bloomberg page NED SJ Equity and Reuters screen NEDJ.J, with ISIN ZAE000004875.
  • The finalisation date for the issuance is set for September 4, 2028, with trading to cease on September 5, 2028.
  • The designated market category for this listing is financial services, further broadening the range of products available to JSE investors.
  • The listing includes a nominal amount valued at ZAR100.00 million, with each Note issued at a price of ZAR1,000.00.

Statistics:

  • The listing includes a nominal amount valued at ZAR100.00 million.
  • Each Note will be issued at a price of ZAR1,000.00.
  • The final maturity and settlement date is scheduled for September 11, 2028.
  • The termination date is set for September 12, 2028.
  • The suspension date is September 6, 2028.
  • The record date is on September 8, 2028.

Sources:

  • Bloomberg page NED SJ Equity
  • Reuters screen NEDJ.J
  • Johannesburg Stock Exchange (JSE)

Read more