Johannesburg - The Johannesburg Stock Exchange (JSE) has approved the transfer of food and jewellery management group, Taste Holdings [JSE:TAS] from the alternative exchange (AltX) to its main board.
"The directors of Taste have pleasure in announcing that the JSE has approved the transfer of the company's listing from AltX to the "General Retailers - Apparel Retailers" sector of the main board of the JSE with effect from the commencement of business on Friday July 8," the group said.
The "General Retailers" sector classification was based on the 60% contribution by the jewellery division to the group's revenue.
"The directors of Taste have pleasure in announcing that the JSE has approved the transfer of the company's listing from AltX to the "General Retailers - Apparel Retailers" sector of the main board of the JSE with effect from the commencement of business on Friday July 8," the group said.
The "General Retailers" sector classification was based on the 60% contribution by the jewellery division to the group's revenue.