PREMIER FISHING TO LIST IN THE NEW YEAR
Premier Food and Fishing Division of JSE-listed African Equity Empowerment Investments Limited (AEEI), a diversified investment empowerment company (previously Sekunjalo) will be listing within the first quarter of 2017.
“Premier has shown consistent organic growth over the past 5 years, achieving annual growth of more than 20% year on year,” AEEI said in a statement. “Premier is exceptionally well-positioned for both medium to long term quota allocations as a result of its overall empowerment credentials, investment in the industry, sustainable job creation as well as community building. Premier holds quotas in six of the available 22 sectors in the market which equates to approximately 5% of the total South African market. The company has the potential to further increase its market share in South Africa.”
“All due processes is in progress and Premier is in the final stages of preparing the business for the JSE requirements for listing, hence the current roadshows that are taking place. AEEI is optimistic about the outcome of the market-sounding roadshow and will be sharing pertinent details of the next phase with the market at the appropriate time,” AEEI said.