A2X Markets and Neo Energy Metals PLC

A2X welcomes first inward listing – London Stock Exchange-listed Neo Energy Metals plc

SANDTON, 27 February 2024: London Stock Exchange-listed Neo Energy Metals plc list its shares on South African stock exchange, A2X Markets (A2X) today.
UK-based Neo Energy Metals is a mining and development company focused solely on uranium and strategic metals supply. It is one of the most advanced, high-grade uranium companies capable of near-term production and the only company listed on the London Stock Exchange main board providing investors with exclusive access to the uranium exploration sector.

A2X CEO, Kevin Brady said, “We are delighted to welcome Neo Energy Metals to our market today and are pleased that A2X was chosen as the exchange to enable South African investors access to this opportunity. This marks an important milestone as the first offshore inward listing on A2X. We expect further inward listings which enable A2X to expand investment opportunities available to the South African marketplace.”
Neo is pursuing projects across Africa. Its main project, Henkries, is a low-cost eco-friendly uranium project located in the Northern Cape. The company aims to expand the portfolio of projects in African countries including South Africa.

Neo Energy Metals Group CEO Sean Heathcote commented, “Neo’s secondary listing on A2X will help broaden its investor base and allow the issue of shares for acquisitions, particularly related to South African opportunities. We already have significant South African shareholders and a listing on A2X will facilitate easier investment and trading in our shares.”
The listing was brought to A2X by AcaciaCap Advisors who have provided a comprehensive range of integrated corporate finance and listing related advisory services to Neo as they navigate the South African listing landscape.

A2X is a licensed stock exchange authorised to provide a secondary trading venue for companies and is regulated by the Financial Sector Conduct Authority and Prudential Authority, South African Reserve Bank in South Africa in terms of the Financial Markets Act 19 of 2012.

ENDS