JSE issues apology for the incorrect meta description on broker search

JSE Limited (“JSE) was alerted to an incorrect meta description automatically generated by search engines when searches relating to the JSE in relation to company information is performed. This resulted in the JSE’s awareness campaign relating to a cautionary pop-up on the JSE website regarding investment scams being displayed in search results.

The JSE has implemented technical measures to remedy the incorrect description.

We sincerely apologise for the error and in the event that you require any further information in respect of the remedial actions implemented or the JSE to clarify the incorrect search results, please contact [email protected].

As one of the Top 20 largest exchanges in the world by market capitalisation ranked by the World Federation of Exchanges, the JSE provides Issuers with access to deep and liquid capital markets in a regulated and secure marketplace for over 130 years.

The JSE’s capital markets enable innovation, raising capital and shared prosperity. As a leading global exchange, the JSE co-creates and unlocks value through innovative products and services that meet the needs of our clients.

In February, finance minister Tito Mboweni announced that the 12J scheme would come to an end on June 30 2021. This means that you may be an asset manager or structuring house wondering what to do with your 12J and best route for creating a permanent capital vehicle. Listing 12Js or Investment Holding Company on the JSE creates that permanent capital vehicle to facilitated access to institutional investors and liquidity for your current shareholders.

What are the benefits of listing a Section 12J?

1. Liquidity for the 12Js and shareholders.

2. Listing on the JSE opens up investment mandates for listed investment in the asset class

3. VCC shareholders can dispose of their shares in the open market on a listed exchange, creating more liquidity in the market.

4. Elevates the profile of 12J industry by tapping into listed investors

5. Listing mobilises exits options for underlying VCC investments

6. Upfront income tax deduction

7. Cost effective way of accessing the listed markets, JSE now allows for 12J administrators to fulfil DA role.

8. Enhanced visibility and profile

9. SME development