Overview of the JSE 1

Transcription

1 Overview of the JSE 1

2 Overview of the JSE Top 20 exchange by market cap globally Largest exchange on the African continent Strong track record, efficient systems, good regulation Cost effective products and services Foreign daily value traded ~30% # of international and local brokers ~60 Average daily value traded R250K R300 K

3 ZAR Billions Billions Recent Listings on the JSE # of new listings & market cap ( ) $1.3bil Main Board Capital Raised: R24.27bn Listings 2017 Markt Cap AltX Capital Raised: m Premier Food Fishing Ltd Pembury Lifestyle Grp Ltd Sea Harvest Group Ltd Master Plastics Ltd Long 4 Life Limited Avior Capital Markets Holdings Kaap Agri Limited African Energy Partners NEPI Rockcastle Plc Heriot REIT Ltd RH Bophelo Limited 4Sight Holdings Ltd African Rainbow Cap Inv Alphamin Resources Corp Orion Minerals NL Castleview Prop Fund Ltd Steinhoff African Rt Ltd Stadio Ltd Brainworks Limited Sandown Limited Ayo Tech Solutions Ltd Secondary Primary $20.8bil l 250 $1bil 13 $9.7bil 116 $2bil 25 $8.3bil 101

4 SPACs Special Purpose Acquisition Companies Listing date: 2016/04/07 Capital raised: R500 million The Company is listing to take advantage of investor demand for energy assets specifically in South Africa, and generally in greater Sub-Saharan Africa. Listing date: 2015/11/12 Capital raised: R551 million Gaia Infrastructure Partners Proprietary Limited was formed for the purpose of facilitating the investment of long-term capital in infrastructure projects in Southern Africa, Listing date: 2017/06/30 Capital raised: R52 million The Company is listing to take advantage of investor demand for energy assets in South Africa, and generally on the greater African continent. 4

5 African Listings Brainworks Limited is a Mauritian diversified investment holding company with an exclusive focus on Zimbabwe.. Listed portfolio of premium Zimbabwe-based assets for improved access to capital; both debt and equity. Listing will provide Barinworks the platform to access deeper and more liquid capital markets in South Africa thereby affording us greater financial flexibility to grow our business. Choppies Enterprises Ltd the one of the largest corporate in Botswana and the company is the market leader in the retail sector in the country. The listing will allow us to fast-track the continued roll-out of new stores, unlock opportunities in new markets and fund acquisitions," CEO Ramachandran Ottapathu said. Alphamin Resources, primary listing on the Toronto Venture Exchange in Canada. The company holds, as its principal investment, a controlling interest (80.75%) in Alphamin Bisie Mining SA, the vehicle which operates the Bisie Tine Mine. Alphamin Resources took a secondary listing on the Gold Mining sector of the JSE AltX Board.. Alphamin Resources is developing the Alphamin Bisie Tin Mine in the Democratic Republic of Congo and has targeted South Africa to raise capital to fund the development of the mine. 5

6 Debt Market Solutions 6

7 Debt Market Funding solutions Project Bonds Green Bonds Project Bonds most appropriately used during this period Off-balance sheet Non-recourse financing using SPV s Crowd in institutional investors together with DFI and commercial banks Using the capital markets to fund infrastructure Green bonds are any type of bond instrument where the proceeds will be exclusively applied to finance or re-finance in part or in full new and/or existing eligible Green Projects and which are aligned with the four core components of the Green Bond Principles. The key feature of green bonds is the use of proceeds, which are described in the bond s legal documentation, that are separately managed within the company and monitored and reported throughout the life of the instrument. 7

8 Questions 8