BESA shareholders approve Rights Issue

The Bond Exchange of South Africa Limited (BESA) has secured the necessary shareholder approvals in respect of its Rights Issue. Shareholders voted in favour of the transaction at BESA’s first annual general meeting as a public company, held inJohannesburg earlier today. Ninety-eight percent of the votes cast by Shareholders were in favour of the Rights Issue.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengtheningSouth Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

Garth Greubel, BESA’s Chief Executive, said, “We are pleased to have successfully completed this important second step in our strategy. The capitalisation transaction follows our demutualisation last December – and together these steps are the foundation for growing the business. The strong support shown by our shareholders for our growth strategies is tremendously encouraging.”

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.

 

The injection of fresh capital (just over R80 million), will allow BESA to enhance its commercial focus by providing the necessary funds to strengthen its existing bonds business and to invest in complementary growth initiatives. Furthermore, the transaction has also effectively introduced new strategic partners to BESA.

“The Rights Issue was fully underwritten, with an initial 30% of the issued share capital allocated to the underwriters. The consortium will also take-up any shares not subscribed for by shareholders who have until 30 September to follow their rights.

The underwriting group comprises Investec Bank Limited, New Zealand Exchange Limited, Purple Capital Limited and Standard Bank Corporate and Investment Banking.

With the finalisation of the transaction, BESA now faces the challenge of delivering value to its shareholders and ensuring that key strategic projects such as BondClear, in partnership with NASDAQ OMX, are executed efficiently.

“Our focus will continue to remain that of building better markets. The injection of new capital will ensure that this philosophy remains core to how we do business. I would also like to thank our advisors and other partners who worked with us to close this transaction. We are excited by what the future holds and the positive contribution we can make towards strengthening South Africa’s capital markets.” concluded Greubel.