Fontana Limited (FTNA) on Tuesday, Janaury 8, 2019, listed its 1.249 billion ordinary shares on the JSE’s Junior Market at a price of $1.88. This offer was oversubscribed by 278%.
The listing of Fontana increases the total listed companies to 37 and the total listed securities to 39 on the Junior Market. Including Fontana Limited, the total number of companies listed on the JSE now moves to 77, representing 107 securities.
With this listing, the market capitalization of the Junior Market increases from $139.8 billion to $141.1 billion.