Echo sets sights on Jo’burg and Lux listing
Investment & financeschedule 26 July 2016
POLAND Echo Polska Properties (EPP), which is jointly owned by Echo Investment and South Africa’s Redefine Properties, is aiming to list on the Luxembourg Stock Exchange (LuxSE) in August 2016 followed by a listing on the Johannesburg Stock Exchange (JSE) in September 2016.
“EPP’s listing on the LuxSE and the JSE is anticipated to provide it with significantly improved access to expansionary capital and provide existing and future shareholders with an opportunity to invest in a dynamic and highly-attractive economy,” commented Hadley Dean, the CEO of EPP.
“EPP’s listing on both the Luxembourg and Johannesburg Stock Exchanges is a great way to strengthen our partner and its ability to buy from Echo Investment and co-invest with it in f
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