Weekly corporate finance activity by SA exchange-listed companies

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Weekly corporate finance activity by SA exchange-listed companies
Credit: © Reuters.

Advanced Health subscribes for shares in Presmed Australia

The company subscribed for an additional 119,411 PMA shares at a subscription price of A$37.75 per PMA share for a total consideration of A$4,5 million. Advanced Health, which currently owns 59.66% of PMA, supported the capital raise from existing shareholders to maintain its current stake.

Vukile Property Fund disposes of shares

Following the merger of Fairvest Property and Arrowhead Properties, both companies in which Vukile held investments, the company reduced its shareholding in new Fairvest in an accelerated bookbuild. Vukile raised R400 million by placing the B shares at 330 cents per share.

Quilter repurchases additional shares

Quilter has repurchased an additional 2,882,620 shares on the LSE at a cost of 4,1 million and a further 1,382,147 shares on the JSE for R40,7 million.

Prosus (JO: PRXJn ) repurchases additional shares

Prosus has, this week, purchased a further 1,687,998 ordinary shares N for a total consideration of "127,2 million.

Anglo American (JO: AMSJ ) repurchases shares

The company repurchased a further 682,500 shares at a cost of 23 million.

PBT Group to list on A2X

PBT has announced it will take a secondary listing on A2X with effect from February 1, 2022. The group will retain its primary listing on the JSE and its issued share capital will be unaffected by the secondary listing.

This week one company issued a profit warning announcement

The following company issued a profit warning: Trencor.

Three companies either issued, renewed or withdrew cautionaries this week The following companies advised shareholders: Vukile Property Fund, Bauba Resources and New Frontier Properties.

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