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Imperial Logistics announces change in JSE sponsor to Rand Merchant Bank

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Imperial Logistics has released a statement to announce the change it has made regarding its JSE sponsor, noting that it has now appointed Rand Merchant Bank.

Imperial Logistics Limited released a statement on Tuesday, 26 January 2021, to announce its appointment of a new Johannesburg Stock Exchange (JSE) sponsor and corporate broker. The announcement forms part of the responsibilities of the company to its stakeholders as a listed company.

According to the statement, “Shareholders are advised that the Company has appointed Rand Merchant Bank (a division of FirstRand Bank Limited) as its JSE Sponsor and Corporate Broker, with effect from Monday, 25 January 2021.”

The statement, which was penned by the acting company secretary, did not go into detail about the reasoning behind the change in JSE sponsorship, nor did it make mention of the previous JSE sponsor.

See the post below.

Sabelo Makhubo
[email protected]

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