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IN BRIEF: Greencoat Renewables to begin trading in Johannesburg

ALN

Greencoat Renewables PLC - Dublin-based renewable energy infrastructure investor - Receives approval for a secondary listing on the Alternative Exchange on the Johannesburg Stock Exchange, with listing to take effect on June 9. Greencoat will not place or issue any new shares, and still will remain listed on the Euronext Growth Market in Dublin and the Alternative Investment Market in London.

‘We are delighted to have been granted approval for a secondary listing on the JSE. Greencoat Renewables’ return profile offers an attractive proposition to South African investors who we look forward to welcoming onto our share register. Our listing on the JSE further demonstrates our innovative and proactive approach to improving liquidity,’ says Non-Executive Chair Ronan Murphy.

Current stock price: €0.72, flat in London on Wednesday morning

12-month change: down 19%

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