Major South African insurance company, Outsurance, has been approved for a secondary listing on A2X Markets (A2X), allowing it to offer investors an additional stock trading platform.
OUTsurance shares will be available for trade on A2X from 14 January 2026, according to an announcement by the exchange.
A2X CEO Kevin Brady said, “By listing on A2X, OUTsurance will provide its investors with the benefit of choice to transact its shares on an additional venue with reduced transaction fees and extra liquidity.”
OUTsurance joins 167 other securities listed on A2X, representing a combined market capitalisation of over ZAR12tn ($728bn). Among them are other insurance companies, including Discovery, Momentum, Sanlam and Santam.
OUTsurance will retain its primary listing on the Johannesburg Stock Exchange (JSE), and its issued share capital will remain unchanged.
A2X is a licensed stock exchange regulated by the Financial Sector Conduct Authority and the Prudential Authority. A2X, founded in 2014, is a newer, alternative exchange that focuses on secondary listings with a lower fee structure. This means that companies must have their initial or primary listing on another exchange to also list on A2X.
The JSE, South Africa's primary and largest stock exchange, offers a wider range of services, including primary and secondary listings and capital raising for companies.