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Saturday, July 04, 2020
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DENEB LISTED ON JSE

On 01 December, the Johannesburg Stock Exchange (JSE) released its list of investments which also included Deneb Investment Limited (JSE: DNB), listed in the specialty finance sector on the JSE’s Main Board. Deneb is the 17th company to list on the JSE this year.

Deneb is a diversified business with operations including branded products, this business also specialise in distributionand the manufacturing of household fabrics and textiles.

The business mainly manufactures specialised industrial products for the building, agriculture, mining and automotive industries and owns, it also manages portfolio

of commercial and industrial properties.

“The JSE is delighted to welcome Deneb Investment to exchange. Manufacturing remains a significant industry within South African economy it contributes around 13% to real gross domestic product (GDP) of the country and employs thousands.” said Donna Oosthuyse, Director:  Capital Markets at the JSE.

The Johannesburg StockExchange is based in South Africa where it has operated as a market place for the trading of financial products for 125 years.

Deneb is a wholly-owned subsidiary of Seardel Investment Corporation limited. Seardel has taken the strategic decision to become a focus media investment company, allowing it to concentrate its resources on growing Seardel’s media businesses.

Donna further said “JSE is proud to be able to provide investors with greater access to one of the sectors that firms the lifeblood of the local economy”.

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