This article was produced with the support of Standard Bank Group
Standard Bank is proud to have acted as joint financial advisor and transaction sponsor to CANAL+ on its successful secondary inward listing on the Johannesburg Stock Exchange (JSE) – a landmark transaction that brings a globally recognised media and entertainment group to Africa’s premier exchange and provides South African investors with direct access to a leading international content platform.
Standard Bank played a central role in helping to facilitate this important transaction, bringing together deep local market knowledge, execution expertise and regulatory insight as part of the advisor group supporting CANAL+ through the JSE listing process. The transaction reflects Standard Bank’s ability to connect global issuers with African pools of capital and to execute complex, high-profile cross-border equity capital markets transactions.
The inward secondary listing gives South African investors direct access to CANAL+, a global media and entertainment company with a primary listing on the London Stock Exchange (LSE), while preserving a single, fully fungible pool of shares across the JSE and LSE. Whilst no new shares were offered or issued, the listing is expected to enhance the long-term liquidity and tradability of CANAL+ shares and broaden the company’s shareholder base.
