Pick n Pay Group Chair Gareth Ackerman said, “Our listing on A2X means Pick n Pay shareholders will now be able to benefit not only from increased liquidity, but from the cost savings accrued through A2X’s low-cost platform and narrower spreads. This is entirely consistent with our strong focus on cost savings within our business to benefit customers. Our listing on the A2X will provide a competitively priced choice for shareholders, and helps encourage the development of a healthy local market.”