Jse Ltd (JSE:JSE)

R 108.29 1.79 (1.68%) Market Cap: 8.81 Bil Enterprise Value: 6.64 Bil PE Ratio: 10.81 PB Ratio: 2.01 GF Score: 78/100

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JSE Ltd, Aquisition of a Majority Stake In Link SA M&A Call Transcript

Aug 26, 2019 / 12:00PM GMT

Release Date Price: R122.28 (+2.98%)

Transcript

Operator

Good day, ladies and gentlemen, and welcome to the JSE announcement regarding the acquisition of Link SA. (Operator Instructions) Please note that this call is being recorded. I would now like to turn the conference over to Nicky Newton-King. Please go ahead.

Nicky F. Newton;King

JSE Limited - Former Director

Thank you very much, and good afternoon, everybody. I'm delighted that you've joined us. I just want to say I'm joined by our CFO, Aarti Takoordeen, well known to you, who is on the other line in Capetown; and my executive colleagues, Donna Nemer, who heads Capital Markets; and a couple of our other colleagues who've been involved in this transaction for us over the last number -- very many number of months.

So I know you've had a chance to read the sales announcement, but let me start by just outlining what Link is and why it is important to us. Link is South Africa's second largest share registry. It provides share registry services, custody and investor services all in South Africa. I think many of you will know Link as the

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